Diploma PLC (LON:DPLM) Receives Average Rating of “Moderate Buy” from Analysts

Diploma PLC (LON:DPLM – Get Rating) has earned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 2,790 ($33.55).

Several equities analysts have weighed in on the stock. Barclays reaffirmed an “overweight” rating and set a GBX 3,290 ($39.56) price target on shares of Diploma in a report on Tuesday, November 22nd. JPMorgan Chase & Co. reissued an “outperform” rating and issued a GBX 2,150 ($25.85) target price on shares of Diploma in a report on Tuesday, November 22nd. Berenberg Bank reissued a “buy” rating and issued a GBX 3,360 ($40.40) target price on shares of Diploma in a report on Tuesday, February 21st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 2,450 ($29.46) target price on shares of Diploma in a report on Tuesday, November 22nd. Finally, Royal Bank of Canada boosted their target price on shares of Diploma from GBX 2,450 ($29.46) to GBX 2,700 ($32.47) and gave the stock a “sector perform” rating in a report on Tuesday, November 22nd.

Diploma Stock Performance

DPLM opened at GBX 2,804 ($33.72) on Friday. The company has a current ratio of 1.63, a quick ratio of 0.80 and a debt-to-equity ratio of 65.80. The company has a market cap of £3.50 billion, a price-to-earnings ratio of 3,689.47, a PEG ratio of 2.82 and a beta of 0.72. The company’s 50 day moving average is GBX 2,822.04 and its 200 day moving average is GBX 2,678.72. Diploma has a 12-month low of GBX 2,090 ($25.13) and a 12-month high of GBX 3,022 ($36.34).

Diploma Increases Dividend

The business also recently declared a dividend, which was paid on Friday, February 3rd. Stockholders of record on Thursday, January 19th were paid a dividend of GBX 38.80 ($0.47) per share. This represents a dividend yield of 1.35%. The ex-dividend date of this dividend was Thursday, January 19th. This is an increase from Diploma’s previous dividend of $15.00. Diploma’s payout ratio is currently 7,105.26%.

About Diploma

(Get Rating)

Diploma PLC, together with its subsidiaries, supplies specialized technical products and services in the United Kingdom, rest of Europe, North America, and internationally. It operates through three business sectors: Life Sciences, Seals, and Controls. The Life Sciences sector supplies clinical diagnostics instrumentation and products, instrumentation and consumables, specialty surgical devices, and related consumables and services to public hospitals, private clinics, pathology laboratories, scientific research, and medical segments; surgical equipment for hospital operating rooms; and distributes laboratory diagnostics, specialty medical devices, devices, equipment, and patient monitoring technologies used in operating theatres, as well as medically supervised nutrition.