Diploma (LON:DPLM) Upgraded by Royal Bank Of Canada to "Outperform" Rating

Key Points

• Royal Bank of Canada upgraded Diploma (LON:DPLM) to an "outperform" rating with a new price target of GBX 6,000, indicating a potential upside of 12.04% from its previous close.
• Berenberg Bank also raised Diploma's target price from GBX 5,750 to GBX 6,350, while Jefferies Financial Group increased their target to GBX 5,200 and assigned it a "hold" rating.
• Diploma's shares were trading at GBX 5,355 with a 52-week range of GBX 3,532 to GBX 5,625, and it has a market capitalization of £7.18 billion.

Diploma (LON:DPLM - Get Free Report) was upgraded by stock analysts at Royal Bank Of Canada to an "outperform" rating in a report issued on Friday,Digital Look reports. The firm presently has a GBX 6,000 price target on the stock, up from their prior price target of GBX 4,500. Royal Bank Of Canada's price target indicates a potential upside of 12.04% from the company's previous close.

A number of other equities research analysts also recently weighed in on DPLM. Berenberg Bank raised their target price on shares of Diploma from GBX 5,750 to GBX 6,350 and gave the company a "buy" rating in a research note on Wednesday, September 10th. Jefferies Financial Group boosted their target price on Diploma from GBX 4,500 to GBX 5,200 and gave the stock a "hold" rating in a research report on Thursday, September 11th. Shore Capital reissued a "hold" rating and issued a GBX 5,100 price target on shares of Diploma in a research note on Thursday, July 17th. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating and issued a GBX 4,440 price objective on shares of Diploma in a research report on Wednesday, August 6th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Diploma has an average rating of "Moderate Buy" and an average target price of GBX 5,365.

Diploma Trading Up 1.9%

Shares of DPLM stock opened at GBX 5,355 on Friday. Diploma has a 52-week low of GBX 3,532 and a 52-week high of GBX 5,625. The business's fifty day moving average is GBX 5,384.87 and its 200 day moving average is GBX 4,730.93. The company has a debt-to-equity ratio of 62.17, a quick ratio of 0.80 and a current ratio of 2.17. The company has a market capitalization of £7.18 billion, a PE ratio of 4,308.13, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75.

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.

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