JPMorgan Chase & Co. Issues Positive Forecast for Diploma (LON:DPLM) Stock Price

Diploma (LON:DPLM) had its price objective increased by JPMorgan Chase & Co. from GBX 5,120 to GBX 5,760 in a report issued on Friday morning,London Stock Exchange reports. They currently have a neutral rating on the stock.

Several other research analysts also recently weighed in on DPLM. Stifel Nicolaus boosted their price target on Diploma from GBX 6,200 to GBX 6,800 and gave the company a “buy” rating in a report on Thursday, March 19th. Shore Capital Group reissued a “hold” rating on shares of Diploma in a research note on Wednesday, March 18th. Jefferies Financial Group upped their price objective on Diploma from GBX 5,200 to GBX 5,700 and gave the stock a “hold” rating in a report on Monday, March 23rd. Deutsche Bank Aktiengesellschaft increased their target price on Diploma from GBX 6,200 to GBX 6,400 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 6,150 price target on shares of Diploma in a research report on Friday, December 19th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Diploma currently has an average rating of “Moderate Buy” and a consensus price target of GBX 6,251.25.

Diploma Price Performance

Shares of LON:DPLM opened at GBX 5,840 on Friday. Diploma has a 52 week low of GBX 3,532 and a 52 week high of GBX 6,019.52. The company has a 50-day moving average price of GBX 5,483.27 and a 200 day moving average price of GBX 5,442.36. The company has a market cap of £7.83 billion, a P/E ratio of 42.53, a PEG ratio of 2.82 and a beta of 1.03. The company has a quick ratio of 0.80, a current ratio of 2.04 and a debt-to-equity ratio of 46.97.

Insiders Place Their Bets

In other Diploma news, insider Ian El-Mokadem bought 500 shares of Diploma stock in a transaction that occurred on Friday, March 20th. The shares were acquired at an average price of GBX 5,820 per share, for a total transaction of £29,100. Also, insider Johnny Thomson sold 30,000 shares of the company’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of GBX 5,668, for a total transaction of £1,700,400. Insiders acquired a total of 1,352 shares of company stock worth $7,704,540 over the last ninety days. 1.14% of the stock is owned by company insiders.

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.