Brokerages Set Diploma PLC (LON:DPLM) Price Target at GBX 6,788.75

Shares of Diploma PLC (LON:DPLM) have earned an average recommendation of “Moderate Buy” from the eight research firms that are currently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 6,788.75.

Several research analysts have recently weighed in on DPLM shares. Shore Capital Group reiterated a “hold” rating on shares of Diploma in a research note on Wednesday, March 18th. Berenberg Bank boosted their price objective on Diploma from GBX 7,500 to GBX 9,000 and gave the company a “buy” rating in a research note on Tuesday, May 19th. Royal Bank Of Canada upped their price objective on shares of Diploma from GBX 6,600 to GBX 7,300 and gave the company an “outperform” rating in a report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Diploma from GBX 6,400 to GBX 7,200 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Finally, Stifel Nicolaus lifted 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.

Insider Buying and Selling

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

Diploma Price Performance

Diploma stock opened at GBX 6,745 on Friday. The business’s 50 day simple moving average is GBX 6,977.74 and its 200 day simple moving average is GBX 6,175.69. Diploma has a 12 month low of GBX 4,842 and a 12 month high of GBX 7,295. The company has a market cap of £9.04 billion, a price-to-earnings ratio of 47.90, a PEG ratio of 2.82 and a beta of 0.92. The company has a current ratio of 2.06, a quick ratio of 0.80 and a debt-to-equity ratio of 47.65.

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

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.