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

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

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

Diploma Trading Down 0.7%

Shares of DPLM stock opened at GBX 6,785 on Wednesday. The company has a market cap of £9.10 billion, a PE ratio of 49.42, a price-to-earnings-growth ratio of 2.82 and a beta of 0.92. The company has a quick ratio of 0.80, a current ratio of 2.04 and a debt-to-equity ratio of 46.97. Diploma has a 12 month low of GBX 4,558 and a 12 month high of GBX 7,295. The business’s 50 day moving average is GBX 6,334.43 and its two-hundred day moving average is GBX 5,757.99.

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

Insider Buying and Selling

In other Diploma news, insider Ian El-Mokadem acquired 500 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The shares were acquired at an average cost of GBX 5,820 per share, for a total transaction of £29,100. 1.14% of the stock is currently owned by 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.