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

Diploma (LON:DPLM) had its price target raised by equities research analysts at JPMorgan Chase & Co. from GBX 5,120 to GBX 5,760 in a research note issued on Friday,London Stock Exchange reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential downside of 1.62% from the stock’s previous close.

Several other research firms have also commented on DPLM. Berenberg Bank raised their price target on shares of Diploma from GBX 6,600 to GBX 7,500 and gave the company a “buy” rating in a research report on Thursday, March 19th. Stifel Nicolaus upped 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 report on Thursday, March 19th. Shore Capital Group reissued a “hold” rating on shares of Diploma in a research note on Wednesday, March 18th. Jefferies Financial Group raised their target price on Diploma from GBX 5,200 to GBX 5,700 and gave the company a “hold” rating in a research report on Monday. Finally, Royal Bank Of Canada lifted their price target on Diploma from GBX 6,200 to GBX 6,600 and gave the company an “outperform” rating in a research note on Thursday, March 19th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 6,251.25.

Diploma Price Performance

Shares of LON DPLM opened at GBX 5,855 on Friday. The company has a debt-to-equity ratio of 46.97, a current ratio of 2.04 and a quick ratio of 0.80. The stock has a market capitalization of £7.85 billion, a price-to-earnings ratio of 42.64, a PEG ratio of 2.82 and a beta of 1.03. The firm’s 50 day simple moving average is GBX 5,480.17 and its 200-day simple moving average is GBX 5,439.96. Diploma has a 12 month low of GBX 3,532 and a 12 month high of GBX 6,019.52.

Insiders Place Their Bets

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

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.