Diploma PLC (DPLM) Rating Increased to Add at Numis Securities Ltd
Diploma PLC (LON:DPLM) was upgraded by stock analysts at Numis Securities Ltd to an “add” rating in a research note issued on Monday. The brokerage presently has a GBX 1,015 ($12.68) price objective on the stock, up from their previous price objective of GBX 800 ($10.00). Numis Securities Ltd’s target price indicates a potential upside of 12.53% from the company’s current price.
A number of other equities analysts have also recently issued reports on DPLM. Royal Bank Of Canada upped their price target on shares of Diploma PLC from GBX 950 ($11.87) to GBX 1,020 ($12.74) and gave the stock an “outperform” rating in a research note on Thursday, October 13th. Peel Hunt upped their price target on shares of Diploma PLC from GBX 900 ($11.24) to GBX 950 ($11.87) and gave the stock an “add” rating in a research note on Monday. Barclays PLC cut shares of Diploma PLC to an “equal weight” rating and upped their price target for the stock from GBX 831 ($10.38) to GBX 836 ($10.44) in a research note on Wednesday, August 17th. Finally, Jefferies Group upped their target price on shares of Diploma PLC from GBX 885 ($11.06) to GBX 970 ($12.12) and gave the company a “buy” rating in a research note on Friday, August 19th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 974.20 ($12.17).
Shares of Diploma PLC (LON:DPLM) opened at 912.00 on Monday. Diploma PLC has a 12-month low of GBX 621.50 and a 12-month high of GBX 974.50. The company’s market cap is GBX 1.03 billion. The firm has a 50-day moving average of GBX 920.28 and a 200-day moving average of GBX 847.13.
The firm also recently declared a dividend, which will be paid on Friday, January 27th. Stockholders of record on Thursday, December 1st will be given a dividend of GBX 13.80 ($0.17) per share. The ex-dividend date is Thursday, December 1st. This represents a dividend yield of 1.51%. This is a positive change from Diploma PLC’s previous dividend of $6.20.
About Diploma PLC
Diploma PLC is an international group of businesses supplying specialized technical products and services. The Company is organized into three business sectors: Life Sciences, Seals and Controls. The Life Sciences Sector businesses supply a range of consumables, instrumentation and related services to the healthcare and environmental industries.
Receive News & Stock Ratings for Diploma PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diploma PLC and related stocks with our FREE daily email newsletter.