JPMorgan Chase & Co. Increases Diploma (LON:DPLM) Price Target to GBX 5,760

Diploma (LON:DPLM) had its price objective increased by analysts at JPMorgan Chase & Co. from GBX 5,120 to GBX 5,760 in a research report issued to clients and investors on Friday, MarketBeat Ratings reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential downside of 1.37% from the stock’s previous close.

A number of other research firms have also recently weighed in on DPLM. Jefferies Financial Group boosted their target price on shares of Diploma from GBX 5,200 to GBX 5,700 and gave the company a “hold” rating in a research note on Monday, March 23rd. Shore Capital Group restated a “hold” rating on shares of Diploma in a research note on Wednesday, March 18th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Diploma from GBX 6,200 to GBX 6,400 and gave the stock a “buy” rating in a report on Thursday, March 19th. Berenberg Bank upped their price objective on Diploma from GBX 6,600 to GBX 7,500 and gave the company a “buy” rating in a research note on Thursday, March 19th. Finally, Stifel Nicolaus increased their price objective on Diploma from GBX 6,200 to GBX 6,800 and gave the company a “buy” rating in a report on Thursday, March 19th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 6,251.25.

Diploma Price Performance

Shares of LON:DPLM opened at GBX 5,840 on Friday. The firm has a market capitalization of £7.83 billion, a price-to-earnings ratio of 42.53, a PEG ratio of 2.82 and a beta of 1.03. The stock’s 50 day moving average is GBX 5,483.27 and its 200-day moving average is GBX 5,442.44. The company has a quick ratio of 0.80, a current ratio of 2.04 and a debt-to-equity ratio of 46.97. Diploma has a twelve month low of GBX 3,532 and a twelve month high of GBX 6,019.52.

Insider Transactions at Diploma

In related news, insider Ian El-Mokadem acquired 500 shares of the stock in a transaction dated Friday, March 20th. The shares were purchased at an average price of GBX 5,820 per share, for a total transaction of £29,100. Also, insider Johnny Thomson sold 30,000 shares of the firm’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of GBX 5,668, for a total value of £1,700,400. Over the last 90 days, insiders acquired 1,352 shares of company stock valued at $7,704,540. 1.14% of the stock is owned by corporate 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.