Diploma (LON:DPLM) Price Target Raised to GBX 5,200 at Jefferies Financial Group

Key Points

• Jefferies Financial Group has raised its target price for Diploma (LON:DPLM) from GBX 4,500 to GBX 5,200, indicating a potential downside of 5.71% from the stock's previous close.
• Currently, Diploma has a consensus rating of "Hold" with two analysts rating it as a Buy and three as Hold, while the average target price stands at GBX 5,118.
• Diploma's shares opened at GBX 5,515 and have ranged from a 1-year low of GBX 3,532 to a 1-year high of GBX 5,625.

Diploma (LON:DPLM - Get Free Report) had its price target raised by Jefferies Financial Group from GBX 4,500 to GBX 5,200 in a note issued to investors on Thursday, MarketBeat reports. The firm presently has a "hold" rating on the stock. Jefferies Financial Group's price target suggests a potential downside of 6.14% from the company's current price.

Several other analysts also recently commented on the stock. Berenberg Bank reiterated a "buy" rating and issued a GBX 5,750 target price on shares of Diploma in a report on Tuesday, September 2nd. Shore Capital restated a "hold" rating and set a GBX 5,100 price objective on shares of Diploma in a report on Thursday, July 17th. Finally, JPMorgan Chase & Co. restated a "neutral" rating and set a GBX 4,440 price objective on shares of Diploma in a report on Wednesday, August 6th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, Diploma currently has an average rating of "Hold" and an average target price of GBX 5,238.

Diploma Price Performance

Shares of DPLM stock remained flat at GBX 5,540 on Thursday. 167,640 shares of the stock traded hands, compared to its average volume of 470,178. The company's 50-day moving average is GBX 5,286.83 and its 200 day moving average is GBX 4,624.29. The company has a market cap of £7.43 billion, a PE ratio of 4,456.96, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75. The company has a debt-to-equity ratio of 62.17, a quick ratio of 0.80 and a current ratio of 2.17. Diploma has a 52 week low of GBX 3,532 and a 52 week high of GBX 5,625.

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.