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

Diploma PLC (LON:DPLM) has been given a consensus recommendation of “Moderate Buy” by the eight analysts that are presently covering the stock, 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 objective among analysts that have covered the stock in the last year is GBX 6,788.75.

DPLM has been the subject of a number of recent research reports. Royal Bank Of Canada raised their target price 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. Jefferies Financial Group reissued a “hold” rating and issued a GBX 7,000 target price on shares of Diploma in a report on Friday, May 29th. JPMorgan Chase & Co. raised 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. Stifel Nicolaus raised 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. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Diploma from GBX 6,400 to GBX 7,200 and gave the company a “buy” rating in a report on Wednesday, May 20th.

Diploma Trading Up 0.5%

Shares of DPLM opened at GBX 7,075 on Wednesday. The company has a debt-to-equity ratio of 47.65, a current ratio of 2.06 and a quick ratio of 0.80. Diploma has a 1 year low of GBX 4,730 and a 1 year high of GBX 7,295. The company has a 50 day simple moving average of GBX 6,866.90 and a two-hundred day simple moving average of GBX 5,979.38. The firm has a market cap of £9.49 billion, a P/E ratio of 50.25, a price-to-earnings-growth ratio of 2.82 and a beta of 0.92.

Diploma (LON:DPLM) 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 net margin of 9.42% and a return on equity of 18.55%. The business had revenue of £851.10 million during the quarter. On average, equities analysts expect that Diploma will post 163.7995512 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Diploma news, insider Ian El-Mokadem bought 500 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The stock was purchased at an average cost of GBX 5,820 per share, with a total value of £29,100. Also, insider Katie Bickerstaffe  bought 177 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was acquired at an average cost of GBX 6,730 per share, with a total value of £11,912.10. Company insiders own 1.14% of the company’s stock.

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.