Diploma PLC (DPLM) Lifted to Buy at Numis Securities Ltd
Diploma PLC (LON:DPLM) was upgraded by research analysts at Numis Securities Ltd to a “buy” rating in a note issued to investors on Monday. The firm presently has a GBX 1,300 ($17.10) price target on the stock, up from their prior price target of GBX 1,190 ($15.65). Numis Securities Ltd’s price objective would indicate a potential upside of 9.98% from the stock’s previous close.
Other equities analysts also recently issued reports about the stock. Peel Hunt restated an “add” rating and issued a GBX 1,165 ($15.32) target price on shares of Diploma PLC in a research note on Wednesday, August 30th. Berenberg Bank assumed coverage on shares of Diploma PLC in a research note on Wednesday, September 6th. They issued a “buy” rating and a GBX 1,280 ($16.84) target price on the stock. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of GBX 1,149 ($15.11).
Shares of Diploma PLC (LON:DPLM) traded up GBX 112 ($1.47) during mid-day trading on Monday, reaching GBX 1,182 ($15.55). 359,285 shares of the company’s stock were exchanged, compared to its average volume of 62,749. Diploma PLC has a twelve month low of GBX 876.50 ($11.53) and a twelve month high of GBX 1,187 ($15.61).
Diploma PLC (LON:DPLM) last issued its earnings results on Monday, November 20th. The company reported GBX 49.80 ($0.66) EPS for the quarter, topping the Zacks’ consensus estimate of GBX 48.20 ($0.63) by GBX 1.60 ($0.02). The business had revenue of £451.90 million for the quarter. Diploma PLC had a net margin of 11.04% and a return on equity of 19.73%.
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About Diploma PLC
Diploma PLC is an international group of businesses supplying specialized technical products and services. It is organized into three business sectors: Life Sciences, Seals and Controls. Life Sciences Sector businesses supply a range of consumables, instrumentation and related services to the healthcare and environmental industries.
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