Diploma PLC (LON:DPLM) Receives GBX 6,788.75 Consensus Target Price from Brokerages

Diploma PLC (LON:DPLM) has received a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 6,788.75.

DPLM has been the subject of a number of recent research reports. Jefferies Financial Group reiterated a “hold” rating and set a GBX 7,000 price objective on shares of Diploma in a research report on Friday, May 29th. Shore Capital Group reissued a “hold” rating on shares of Diploma in a research report on Wednesday, March 18th. Berenberg Bank upped their target price on Diploma from GBX 7,500 to GBX 9,000 and gave the stock a “buy” rating in a research report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft raised their price target on Diploma from GBX 6,400 to GBX 7,200 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Finally, Royal Bank Of Canada lifted their price target on Diploma from GBX 6,600 to GBX 7,300 and gave the company an “outperform” rating in a report on Wednesday, May 20th.

Diploma Price Performance

Shares of Diploma stock opened at GBX 6,785 on Friday. The company has a current ratio of 2.06, a quick ratio of 0.80 and a debt-to-equity ratio of 47.65. The company’s 50-day moving average price is GBX 6,986.54 and its two-hundred day moving average price is GBX 6,156.53. Diploma has a 52 week low of GBX 4,800 and a 52 week high of GBX 7,295. The stock has a market cap of £9.10 billion, a PE ratio of 48.19, a price-to-earnings-growth ratio of 2.82 and a beta of 0.92.

Diploma (LON:DPLM) last posted 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%. As a group, sell-side analysts anticipate that Diploma will post 163.7995512 EPS for the current fiscal year.

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 price of GBX 6,730 per share, with a total value of £11,912.10. 1.14% of the stock is owned by corporate 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.