Diploma PLC (LON:DPLM) Receives GBX 6,251.25 Average PT from Analysts

Diploma PLC (LON:DPLM) has received an average rating of “Moderate Buy” from the eight analysts that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 6,251.25.

Several research analysts have weighed in on the stock. Stifel Nicolaus increased their target price on shares of Diploma from GBX 6,200 to GBX 6,800 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Royal Bank Of Canada increased their target price on shares of Diploma from GBX 6,200 to GBX 6,600 and gave the stock an “outperform” rating in a research note on Thursday, March 19th. Shore Capital Group reaffirmed a “hold” rating on shares of Diploma in a research note on Wednesday, March 18th. JPMorgan Chase & Co. increased their target price on shares of Diploma from GBX 5,120 to GBX 5,760 and gave the stock a “neutral” rating in a research note on Friday, March 27th. Finally, Jefferies Financial Group increased their target price on shares of Diploma from GBX 5,200 to GBX 5,700 and gave the stock a “hold” rating in a research note on Monday, March 23rd.

Insiders Place Their Bets

In related news, insider Ian El-Mokadem bought 500 shares of the stock in a transaction on Friday, March 20th. The stock was bought at an average price of GBX 5,820 per share, with a total value of £29,100. 1.14% of the stock is currently owned by company insiders.

Diploma Trading Down 0.4%

Shares of DPLM stock opened at GBX 6,985 on Tuesday. The company has a debt-to-equity ratio of 46.97, a current ratio of 2.04 and a quick ratio of 0.80. The firm has a market cap of £9.37 billion, a PE ratio of 50.87, a price-to-earnings-growth ratio of 2.82 and a beta of 0.89. The company has a 50-day moving average of GBX 5,895.76 and a two-hundred day moving average of GBX 5,591.88. Diploma has a 1-year low of GBX 3,826 and a 1-year high of GBX 7,035.

About Diploma

Diploma PLC, together with its subsidiaries, supplies specialized technical products and services in the United Kingdom, Continental Europe, North America, and internationally. It operates through three business sectors: Life Sciences, Seals, and Controls. The Life Sciences sector supplies technology-enabled products used in surgical procedures in operating theatres and endoscopy; testing equipment and services for clinical laboratories; and bio-pharma, food safety and testing, and other research-oriented products.