Diploma (LON:DPLM) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Diploma (LON:DPLM) had its price objective upped by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 6,400 to GBX 7,200 in a research note issued to investors on Wednesday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 6.19% from the stock’s current price.

Several other research firms also recently issued reports on DPLM. Royal Bank Of Canada upped their price objective on shares of Diploma from GBX 6,600 to GBX 7,300 and gave the stock an “outperform” rating in a report on Wednesday. Berenberg Bank lifted their target price on shares of Diploma from GBX 7,500 to GBX 9,000 and gave the stock a “buy” rating in a report on Tuesday. JPMorgan Chase & Co. boosted their target price on shares of Diploma from GBX 5,120 to GBX 5,760 and gave the stock a “neutral” rating in a research report on Friday, March 27th. Shore Capital Group restated a “hold” rating on shares of Diploma in a report on Wednesday, March 18th. Finally, Jefferies Financial Group raised their price target on Diploma from GBX 5,200 to GBX 5,700 and gave the company a “hold” rating in a research report on Monday, March 23rd. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 6,626.25.

Diploma Stock Down 0.8%

DPLM opened at GBX 6,780 on Wednesday. The business has a 50 day moving average price of GBX 6,334.43 and a 200 day moving average price of GBX 5,757.99. Diploma has a twelve month low of GBX 4,558 and a twelve month high of GBX 7,295. The company has a debt-to-equity ratio of 46.97, a quick ratio of 0.80 and a current ratio of 2.04. The firm has a market cap of £9.09 billion, a P/E ratio of 49.38, a price-to-earnings-growth ratio of 2.82 and a beta of 0.92.

Diploma (LON:DPLM) last announced its quarterly earnings results on Tuesday, May 19th. The company reported GBX 74.70 EPS for the quarter. Diploma had a return on equity of 14.17% and a net margin of 8.99%.The company had revenue of £851.10 million for the quarter. Research analysts forecast that Diploma will post 163.7995512 EPS for the current year.

Insider Activity

In related news, insider Ian El-Mokadem bought 500 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The shares were acquired at an average price of GBX 5,820 per share, with a total value of £29,100. Insiders own 1.14% of the company’s stock.

Key Stories Impacting Diploma

Here are the key news stories impacting Diploma this week:

• Positive Sentiment: Diploma lifted growth guidance again after reporting strong first-half results, suggesting momentum is continuing into the second half. Diploma Shares Surge as Strong First-Half Results Trigger Another Guidance Upgrade (DPLM)
• Positive Sentiment: Royal Bank of Canada raised its price target on Diploma to GBX 7,300 from GBX 6,600 and reiterated an outperform rating, signaling improved confidence from analysts. Digital Look broker views
• Positive Sentiment: Berenberg also increased its target to GBX 9,000 from GBX 7,500 and maintained a buy rating, adding to the bullish analyst backdrop. Digital Look broker views
• Positive Sentiment: Coverage highlighting Diploma as a growth compounder and the strong controls division performance may be supporting investor enthusiasm for the stock. Diploma lifts growth guidance (again)
• Neutral Sentiment: The company’s reported quarterly results showed revenue of £851.1 million and EPS of GBX 74.70, which were broadly consistent with the upbeat guidance narrative. Diploma PLC earnings report
• Neutral Sentiment: Analysts’ consensus price target of about GBX 6,251 suggests some estimates still lag the newer, more optimistic broker targets. Diploma PLC receives GBX 6,251.25 consensus PT from analysts

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.