Diploma (LON:DPLM) Given New GBX 7,300 Price Target at Royal Bank Of Canada

Diploma (LON:DPLM) had its price objective raised by research analysts at Royal Bank Of Canada from GBX 6,600 to GBX 7,300 in a research note issued to investors on Wednesday,Digital Look reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 7.59% from the stock’s previous close.

A number of other brokerages have also commented on DPLM. Berenberg Bank lifted their price target on Diploma from GBX 7,500 to GBX 9,000 and gave the company a “buy” rating in a research note on Tuesday. Jefferies Financial Group increased their price objective on Diploma from GBX 5,200 to GBX 5,700 and gave the company a “hold” rating in a report on Monday, March 23rd. Shore Capital Group restated a “hold” rating on shares of Diploma in a report on Wednesday, March 18th. Deutsche Bank Aktiengesellschaft lifted their price objective on Diploma from GBX 6,200 to GBX 6,400 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Finally, Stifel Nicolaus lifted their price objective on Diploma from GBX 6,200 to GBX 6,800 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 6,526.25.

Diploma Stock Down 0.7%

DPLM opened at GBX 6,785 on Wednesday. The stock has a fifty day moving average of GBX 6,334.43 and a 200-day moving average of GBX 5,757.99. Diploma has a fifty-two week low of GBX 4,558 and a fifty-two week high of GBX 7,295. The company has a market capitalization of £9.10 billion, a P/E ratio of 49.42, a P/E/G ratio of 2.82 and a beta of 0.92. The company has a debt-to-equity ratio of 46.97, a quick ratio of 0.80 and a current ratio of 2.04.

Diploma (LON:DPLM) last posted its quarterly earnings results on Tuesday, May 19th. The company reported GBX 74.70 earnings per share (EPS) for the quarter. The business had revenue of £851.10 million for the quarter. Diploma had a net margin of 8.99% and a return on equity of 14.17%. On average, equities analysts expect that Diploma will post 163.7995512 EPS for the current year.

Insider Activity

In other Diploma news, insider Ian El-Mokadem acquired 500 shares of the company’s stock in a transaction dated Friday, March 20th. The shares were bought at an average cost of GBX 5,820 per share, with a total value of £29,100. 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.