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

Diploma (LON:DPLM – Get Free Report) had its target price raised by investment analysts at Royal Bank Of Canada from GBX 7,300 to GBX 7,400 in a research note issued to investors on Friday,Digital Look reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target points to a potential upside of 2.99% from the company’s previous close.

DPLM has been the subject of several other reports. Deutsche Bank Aktiengesellschaft raised their price target on Diploma from GBX 6,400 to GBX 7,200 and gave the company a “buy” rating in a report on Wednesday, May 20th. Stifel Nicolaus increased their price objective on shares of Diploma from GBX 6,200 to GBX 6,800 and gave the company a “buy” rating in a research report on Thursday, March 19th. Jefferies Financial Group restated a “hold” rating and set a GBX 7,000 price objective on shares of Diploma in a research note on Friday, May 29th. Berenberg Bank lifted their target price on shares of Diploma from GBX 7,500 to GBX 9,000 and gave the stock a “buy” rating in a report on Tuesday, May 19th. Finally, JPMorgan Chase & Co. upped 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. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Diploma presently has an average rating of “Moderate Buy” and a consensus target price of GBX 7,044.29.

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Diploma Stock Performance

Diploma stock opened at GBX 7,185 on Friday. Diploma has a twelve month low of GBX 4,970 and a twelve month high of GBX 7,295. The company has a quick ratio of 0.80, a current ratio of 2.06 and a debt-to-equity ratio of 47.65. The company has a market capitalization of £9.63 billion, a P/E ratio of 51.03, a PEG ratio of 2.82 and a beta of 0.92. The stock’s 50 day moving average is GBX 6,964.35 and its 200 day moving average is GBX 6,229.91.

Diploma (LON:DPLM – Get Free Report) last announced 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 research analysts predict that Diploma will post 163.7995512 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Diploma news, insider Katie Bickerstaffe  purchased 177 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were acquired at an average cost of GBX 6,730 per share, for a total transaction of £11,912.10. 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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