Berenberg Bank Issues Positive Forecast for Diploma (LON:DPLM) Stock Price

Diploma (LON:DPLMGet Free Report) had its price objective upped by research analysts at Berenberg Bank from GBX 7,500 to GBX 9,000 in a note issued to investors on Tuesday,Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price points to a potential upside of 29.74% from the company’s current price.

A number of other equities analysts have also recently commented on DPLM. JPMorgan Chase & Co. lifted their price objective 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. Stifel Nicolaus lifted their price objective 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. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Diploma from GBX 6,200 to GBX 6,400 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Shore Capital Group reissued a “hold” rating on shares of Diploma in a research note on Wednesday, March 18th. Finally, Royal Bank Of Canada raised their target price on shares of Diploma from GBX 6,200 to GBX 6,600 and gave the stock an “outperform” rating in a report on Thursday, March 19th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 6,438.75.

View Our Latest Stock Report on DPLM

Diploma Stock Performance

Shares of LON:DPLM opened at GBX 6,937.06 on Tuesday. Diploma has a 52 week low of GBX 4,558 and a 52 week high of GBX 7,295. The stock has a market capitalization of £9.30 billion, a P/E ratio of 50.52, a PEG ratio of 2.82 and a beta of 0.92. The firm has a fifty day simple moving average of GBX 6,303.33 and a two-hundred day simple moving average of GBX 5,749.15. 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 (LON:DPLMGet Free Report) last issued its quarterly earnings data on Tuesday, May 19th. The company reported GBX 74.70 EPS for the quarter. Diploma had a net margin of 8.99% and a return on equity of 14.17%. The business had revenue of £851.10 million during the quarter. On average, analysts expect that Diploma will post 163.7995512 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Ian El-Mokadem bought 500 shares of the stock in a transaction dated Friday, March 20th. The stock was purchased at an average price of GBX 5,820 per share, for a total transaction of £29,100. Company insiders own 1.14% of the company’s stock.

About Diploma

(Get Free Report)

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.

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Analyst Recommendations for Diploma (LON:DPLM)

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