Diploma PLC (LON:DPLM) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Diploma PLC has received a consensus recommendation of "Moderate Buy" from six brokerage firms, with three holding and three buying the stock.
• Recent price targets for Diploma vary, with estimates ranging from GBX 4,440 to GBX 6,350 as firms like Jefferies and Royal Bank of Canada have updated their ratings.
• The stock is currently trading at GBX 5,327.15, reflecting a 1.4% increase, with a market cap of £7.14 billion.

Diploma PLC (LON:DPLM - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the six ratings firms that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 5,365.

Several research firms have recently weighed in on DPLM. Jefferies Financial Group raised their price objective on Diploma from GBX 4,500 to GBX 5,200 and gave the stock a "hold" rating in a research note on Thursday, September 11th. Royal Bank Of Canada raised Diploma to an "outperform" rating and lifted their target price for the stock from GBX 4,500 to GBX 6,000 in a research report on Friday. Shore Capital restated a "hold" rating and set a GBX 5,100 price target on shares of Diploma in a research note on Thursday, July 17th. Berenberg Bank lifted 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. Finally, JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a GBX 4,440 target price on shares of Diploma in a report on Wednesday, August 6th.

Diploma Trading Up 1.4%

LON:DPLM opened at GBX 5,327.15 on Friday. The business's 50-day simple moving average is GBX 5,384.87 and its 200 day simple moving average is GBX 4,730.93. Diploma has a one year low of GBX 3,532 and a one year high of GBX 5,625. The stock has a market cap of £7.14 billion, a price-to-earnings ratio of 4,285.72, 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.

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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