Diploma (LON:DPLM) Receives “Outperform” Rating from Royal Bank Of Canada

Diploma (LON:DPLM)‘s stock had its “outperform” rating reiterated by Royal Bank Of Canada in a research note issued on Tuesday, Digital Look reports. They currently have a GBX 7,400 price target on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 4.08% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the company. Jefferies Financial Group restated a “hold” rating and set a GBX 7,000 price objective on shares of Diploma in a report on Friday, May 29th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Diploma from GBX 6,400 to GBX 7,200 and gave the company a “buy” rating in a research note on Wednesday, May 20th. JPMorgan Chase & Co. upped their price target on shares of Diploma from GBX 5,760 to GBX 8,250 and gave the stock an “overweight” rating in a report on Monday, August 24th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 9,000 price target on shares of Diploma in a research note on Monday, July 20th. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 7,400.

Diploma Stock Down 0.8%

Shares of LON:DPLM opened at GBX 7,110 on Tuesday. The firm has a market capitalization of £9.53 billion, a PE ratio of 50.50, a price-to-earnings-growth ratio of 2.82 and a beta of 0.92. The business has a 50 day simple moving average of GBX 7,256.99 and a two-hundred day simple moving average of GBX 6,737.02. Diploma has a 1 year low of GBX 4,970 and a 1 year high of GBX 7,765. The company has a debt-to-equity ratio of 47.65, a current ratio of 2.06 and a quick ratio of 0.80.

Insiders Place Their Bets

In related news, insider Wilson Ng bought 424 shares of the company’s stock in a transaction on Thursday, July 16th. The shares were acquired at an average price of GBX 7,066 per share, with a total value of £29,959.84. Also, insider Katie Bickerstaffe  purchased 47 shares of the business’s stock in a transaction dated Thursday, July 16th. The stock was bought at an average price of GBX 7,050 per share, for a total transaction of £3,313.50. Insiders purchased a total of 1,604 shares of company stock worth $11,447,718 over the last 90 days. Company insiders own 1.14% of the company’s stock.

Diploma Company Profile

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.