Diploma PLC (LON:DPLM) Stock Has Average Target Price of GBX 7,400 According to Brokerages

Key Points

• Diploma has a “Moderate Buy” consensus from eight analysts, with six buy ratings and two holds. The average 12-month price target is GBX 7,400, below the stock’s GBX 7,945 opening price.
• Recent broker updates remain positive: Berenberg set a GBX 9,000 target, JPMorgan raised its target to GBX 8,250, and RBC maintained a GBX 7,400 target with an outperform rating.
• Diploma’s shares are near their 52-week high of GBX 7,980 and trade at a relatively high price-to-earnings ratio of 56.43. Insiders have bought 1,850 shares over the past 90 days, and insiders own 1.14% of the company.

Diploma PLC (LON:DPLM - Get Free Report) has been given an average recommendation of "Moderate Buy" by the eight brokerages that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 7,400.

DPLM has been the topic of a number of analyst reports. Berenberg Bank restated a "buy" rating and issued a GBX 9,000 price objective on shares of Diploma in a report on Monday, July 20th. Royal Bank Of Canada reiterated an "outperform" rating and set a GBX 7,400 target price on shares of Diploma in a research note on Tuesday, September 8th. Finally, JPMorgan Chase & Co. increased their target price on Diploma from GBX 5,760 to GBX 8,250 and gave the company an "overweight" rating in a report on Monday, August 24th.

Diploma Trading Up 1.0%

LON DPLM opened at GBX 7,945 on Tuesday. Diploma has a 52 week low of GBX 4,970 and a 52 week high of GBX 7,980. The firm has a 50 day moving average of GBX 7,429.07 and a two-hundred day moving average of GBX 7,085.86. The company has a quick ratio of 0.80, a current ratio of 2.06 and a debt-to-equity ratio of 47.65. The stock has a market capitalization of £10.65 billion, a PE ratio of 56.43, a price-to-earnings-growth ratio of 2.82 and a beta of 0.92.

Insiders Place Their Bets

In other Diploma news, insider Mandy Gradden purchased 1,000 shares of the firm's stock in a transaction on Friday, July 17th. The stock was bought at an average cost of GBX 7,183 per share, with a total value of £71,830. Also, insider Wilson Ng acquired 424 shares of the stock in a transaction dated Thursday, July 16th. The shares were acquired at an average cost of GBX 7,066 per share, with a total value of £29,959.84. Insiders acquired 1,850 shares of company stock valued at $13,340,934 in the last ninety days. Insiders own 1.14% of the company's stock.

Diploma Company Profile

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.

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