Diploma (LON:DPLM) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Diploma (LON:DPLM) had its price target lifted by stock 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 presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target would indicate a potential upside of 2.21% from the company’s current price.

DPLM has been the topic of a number of other reports. Berenberg Bank raised their target price on Diploma from GBX 7,500 to GBX 9,000 and gave the company a “buy” rating in a research report on Tuesday, May 19th. Stifel Nicolaus lifted their price target on Diploma from GBX 6,200 to GBX 6,800 and gave the company a “buy” rating in a research note on Thursday, March 19th. Deutsche Bank Aktiengesellschaft upped their price target on Diploma from GBX 6,400 to GBX 7,200 and gave the stock a “buy” rating in a report on Wednesday, May 20th. JPMorgan Chase & Co. increased their price target on Diploma from GBX 5,120 to GBX 5,760 and gave the stock a “neutral” rating in a research report on Friday, March 27th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a GBX 7,000 price objective on shares of Diploma in a report on Friday, May 29th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 7,044.29.

Diploma Stock Performance

Shares of LON DPLM opened at GBX 7,240 on Friday. The company’s fifty day moving average price is GBX 6,970.25 and its 200 day moving average price is GBX 6,236.97. Diploma has a 1 year low of GBX 4,970 and a 1 year high of GBX 7,295. The company has a market capitalization of £9.71 billion, a PE ratio of 51.42, a price-to-earnings-growth ratio of 2.82 and a beta of 0.92. The company has a debt-to-equity ratio of 47.65, a quick ratio of 0.80 and a current ratio of 2.06.

Diploma (LON:DPLM) last released its quarterly earnings data on Tuesday, May 19th. The company reported GBX 74.70 earnings per share for the quarter. The company had revenue of £851.10 million during the quarter. Diploma had a net margin of 9.42% and a return on equity of 18.55%. On average, research analysts predict that Diploma will post 163.7995512 earnings per share for the current year.

Insider Transactions at Diploma

In related news, insider Katie Bickerstaffe  acquired 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, with a total value of £11,912.10. 1.14% of the stock is currently owned by insiders.

Diploma Company Profile

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.