Diploma's (DPLM) "Neutral" Rating Reaffirmed at JPMorgan Chase & Co.

Key Points

• JPMorgan Chase & Co. has reaffirmed a "neutral" rating on Diploma's stock, setting a target price of GBX 4,440 ($59.03), indicating a potential downside of 17.93% from its last close.
• Other analysts have varying opinions, with Shore Capital giving a "hold" rating at GBX 5,100 ($67.81) and Berenberg Bank raising their target price to GBX 5,750 ($76.45) with a "buy" rating.
• Diploma's stock price recently opened at GBX 5,410 ($71.93), and the company reported a quarterly EPS of GBX 80.20 ($1.07) with a return on equity of 13.18%.

Diploma (LON:DPLM - Get Free Report)'s stock had its "neutral" rating reissued by analysts at JPMorgan Chase & Co. in a research report issued on Wednesday, Marketbeat reports. They presently have a GBX 4,440 ($59.72) price target on the stock. JPMorgan Chase & Co.'s target price suggests a potential downside of 17.94% from the company's current price.

A number of other brokerages have also commented on DPLM. Shore Capital reaffirmed a "hold" rating and set a GBX 5,100 ($68.59) target price on shares of Diploma in a research report on Thursday, July 17th. Berenberg Bank raised their target price on shares of Diploma from GBX 5,600 ($75.32) to GBX 5,750 ($77.34) and gave the stock a "buy" rating in a research report on Friday, July 18th.

Diploma Trading Down 0.2%

Shares of LON:DPLM traded down GBX 9.51 ($0.13) during trading on Wednesday, reaching GBX 5,410.50 ($72.77). 158,291 shares of the company were exchanged, compared to its average volume of 380,524. The firm has a market capitalization of £7.22 billion, a PE ratio of 62.19, a P/E/G ratio of 2.82 and a beta of 0.75. The business's fifty day simple moving average is GBX 4,963.23 and its 200-day simple moving average is GBX 4,476.71. Diploma has a 12-month low of GBX 3,532 ($47.51) and a 12-month high of GBX 5,625 ($75.66). The company has a debt-to-equity ratio of 62.17, a current ratio of 2.17 and a quick ratio of 0.80.

Diploma (LON:DPLM - Get Free Report) last issued its earnings results on Wednesday, May 21st. The company reported GBX 80.20 ($1.08) EPS for the quarter. Diploma had a net margin of 9.25% and a return on equity of 13.18%. On average, research analysts anticipate that Diploma will post 163.7995512 EPS for the current year.

Insider Transactions at Diploma

In other Diploma news, insider Katie Bickerstaffe acquired 44 shares of the business's stock in a transaction that occurred on Wednesday, May 21st. The shares were bought at an average cost of GBX 4,867 ($65.46) per share, with a total value of £2,141.48 ($2,880.27). Insiders have purchased 96 shares of company stock worth $473,173 over the last 90 days. Company insiders own 0.52% of the company's stock.

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.