Diploma (LON:DPLM) had its target price upped by research analysts at Jefferies Group from GBX 1,250 ($16.82) to GBX 1,350 ($18.17) in a research report issued to clients and investors on Wednesday, November 22nd. The firm presently has a “buy” rating on the stock. Jefferies Group’s price objective points to a potential upside of 20.54% from the company’s current price.
Several other analysts have also issued reports on the stock. Numis Securities upgraded shares of Diploma to a “buy” rating and lifted their target price for the company from GBX 1,190 ($16.02) to GBX 1,300 ($17.50) in a research report on Monday, November 20th. Peel Hunt reissued an “add” rating and issued a GBX 1,165 ($15.68) price target on shares of Diploma in a research note on Monday, November 20th. Finally, Berenberg Bank initiated coverage on shares of Diploma in a research note on Wednesday, September 6th. They issued a “buy” rating and a GBX 1,280 ($17.23) price target on the stock. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Diploma currently has a consensus rating of “Buy” and a consensus price target of GBX 1,225 ($16.49).
Diploma (DPLM) traded down GBX 7 ($0.09) during trading hours on Wednesday, hitting GBX 1,120 ($15.07). 142,633 shares of the stock were exchanged, compared to its average volume of 98,440. Diploma has a 1 year low of GBX 922 ($12.41) and a 1 year high of GBX 1,270 ($17.09).
Diploma (LON:DPLM) last released its quarterly earnings results on Monday, November 20th. The company reported GBX 49.80 ($0.67) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 48.20 ($0.65) by GBX 1.60 ($0.02). Diploma had a net margin of 10.32% and a return on equity of 18.70%. The company had revenue of £451.90 million for the quarter.
In other news, insider Nigel Lingwood sold 52,360 shares of the business’s stock in a transaction that occurred on Friday, November 24th. The shares were sold at an average price of GBX 1,196 ($16.10), for a total transaction of £626,225.60 ($842,833.92).
Diploma Company Profile
Diploma PLC is an international group of businesses supplying specialized technical products and services. It is organized into three business sectors: Life Sciences, Seals and Controls. Life Sciences Sector businesses supply a range of consumables, instrumentation and related services to the healthcare and environmental industries.
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