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

Shares of Diploma PLC (LON:DPLM) have been assigned an average rating of “Moderate Buy” from the eight research firms that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is GBX 6,788.75.

A number of brokerages have recently commented on DPLM. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 7,000 price objective on shares of Diploma in a research report on Friday, May 29th. Royal Bank Of Canada lifted their target price on 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 lifted their target price on Diploma from GBX 6,400 to GBX 7,200 and gave the company a “buy” rating in a report on Wednesday, May 20th. Shore Capital Group reiterated a “hold” rating on shares of Diploma in a report on Wednesday, March 18th. Finally, Berenberg Bank lifted their target price on Diploma from GBX 7,500 to GBX 9,000 and gave the company a “buy” rating in a report on Tuesday, May 19th.

Diploma Price Performance

Shares of LON:DPLM opened at GBX 6,885 on Wednesday. The company has a market cap of £9.23 billion, a P/E ratio of 48.90, a P/E/G ratio of 2.82 and a beta of 0.92. The company has a quick ratio of 0.80, a current ratio of 2.06 and a debt-to-equity ratio of 47.65. Diploma has a 52 week low of GBX 4,632 and a 52 week high of GBX 7,295. The business has a fifty day simple moving average of GBX 6,833.15 and a 200-day simple moving average of GBX 5,953.19.

Diploma (LON:DPLM) last announced its quarterly earnings data on Tuesday, May 19th. The company reported GBX 74.70 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%. Equities research analysts forecast that Diploma will post 163.7995512 EPS for the current year.

Insiders Place Their Bets

In other news, insider Katie Bickerstaffe  bought 177 shares of Diploma stock in a transaction that occurred on Wednesday, May 20th. The shares were purchased at an average price of GBX 6,730 per share, for a total transaction of £11,912.10. Also, insider Ian El-Mokadem bought 500 shares of Diploma stock in a transaction that occurred on Friday, March 20th. The stock was purchased at an average price of GBX 5,820 per share, for a total transaction of £29,100. 1.14% of the stock is currently owned by company 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.