Diploma (LON:DPLM) Given New GBX 9,000 Price Target at Berenberg Bank

Diploma (LON:DPLM) had its target price upped by analysts at Berenberg Bank from GBX 7,500 to GBX 9,000 in a research note issued to investors on Tuesday,Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price points to a potential upside of 29.74% from the stock’s current price.

A number of other research firms also recently commented on DPLM. Royal Bank Of Canada raised their target price on shares of Diploma from GBX 6,200 to GBX 6,600 and gave the company an “outperform” rating in a research report on Thursday, March 19th. JPMorgan Chase & Co. raised their target price on shares of Diploma from GBX 5,120 to GBX 5,760 and gave the company a “neutral” rating in a research report on Friday, March 27th. Jefferies Financial Group raised 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 report on Monday, March 23rd. Deutsche Bank Aktiengesellschaft raised their target price on shares of Diploma from GBX 6,200 to GBX 6,400 and gave the company a “buy” rating in a research report on Thursday, March 19th. Finally, Stifel Nicolaus raised their target price on shares of Diploma from GBX 6,200 to GBX 6,800 and gave the company 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 data from MarketBeat, Diploma presently has a consensus rating of “Moderate Buy” and an average target price of GBX 6,438.75.

Diploma Trading Up 4.7%

Shares of DPLM opened at GBX 6,937.06 on Tuesday. Diploma has a 1-year low of GBX 4,558 and a 1-year high of GBX 7,295. The company has a 50-day moving average of GBX 6,303.33 and a 200 day moving average of GBX 5,749.15. The firm has a market capitalization of £9.30 billion, a price-to-earnings ratio of 50.52, a PEG ratio of 2.82 and a beta of 0.92. The company has a debt-to-equity ratio of 46.97, a current ratio of 2.04 and a quick ratio of 0.80.

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

Insider Activity

In other news, insider Ian El-Mokadem acquired 500 shares of the business’s stock in a transaction dated Friday, March 20th. The shares were purchased at an average price of GBX 5,820 per share, with a total value 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.