Diploma (LON:DPLM) Price Target Raised to GBX 7,400 at Royal Bank Of Canada

Diploma (LON:DPLM) had its price target hoisted by Royal Bank Of Canada from GBX 7,300 to GBX 7,400 in a research note released on Friday,Digital Look reports. The brokerage currently has an outperform rating on the stock.

Several other brokerages have also recently weighed in on DPLM. Deutsche Bank Aktiengesellschaft lifted their price target on Diploma from GBX 6,400 to GBX 7,200 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Berenberg Bank upped their price objective on Diploma from GBX 7,500 to GBX 9,000 and gave the stock a “buy” rating in a research report on Tuesday, May 19th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 7,000 price objective on shares of Diploma in a research note on Friday, May 29th. JPMorgan Chase & Co. lifted their target price on shares of Diploma from GBX 5,120 to GBX 5,760 and gave the company a “neutral” rating in a report on Friday, March 27th. Finally, Stifel Nicolaus lifted their target price on shares of Diploma from GBX 6,200 to GBX 6,800 and gave the company a “buy” rating in a report on Thursday, March 19th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Diploma currently has an average rating of “Moderate Buy” and a consensus price target of GBX 7,044.29.

Diploma Stock Performance

LON DPLM opened at GBX 7,240 on Friday. The stock has a 50-day simple moving average of GBX 6,970.25 and a two-hundred day simple moving average of GBX 6,236.97. The firm has a market capitalization of £9.71 billion, a P/E ratio of 51.42, a PEG ratio of 2.82 and a beta of 0.92. Diploma has a fifty-two week low of GBX 4,970 and a fifty-two week high of GBX 7,295. The company has a debt-to-equity ratio of 47.65, a quick ratio of 0.80 and a current ratio of 2.06.

Diploma (LON:DPLM) last issued its quarterly earnings data on Tuesday, May 19th. The company reported GBX 74.70 earnings per share (EPS) for the quarter. Diploma had a return on equity of 18.55% and a net margin of 9.42%.The business had revenue of £851.10 million during the quarter. On average, equities analysts forecast that Diploma will post 163.7995512 earnings per share for the current year.

Insider Activity at Diploma

In other Diploma news, insider Katie Bickerstaffe  purchased 177 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was purchased at an average price of GBX 6,730 per share, for a total transaction of £11,912.10. 1.14% of the stock is owned by company insiders.

Diploma Company Profile

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.