Diploma (DPLM) Downgraded by Numis Securities

Numis Securities downgraded shares of Diploma (LON:DPLM) to an add rating in a report published on Wednesday morning. They currently have GBX 1,350 ($18.31) target price on the stock, up from their prior target price of GBX 1,300 ($17.63).

Other analysts have also issued reports about the company. Peel Hunt reaffirmed an add rating and issued a GBX 1,165 ($15.80) price target on shares of Diploma in a research note on Monday, November 20th. Jefferies Group lifted their price target on Diploma from GBX 1,250 ($16.95) to GBX 1,350 ($18.31) and gave the stock a buy rating in a research note on Wednesday, November 22nd. Berenberg Bank lifted their price target on Diploma from GBX 1,280 ($17.36) to GBX 1,365 ($18.51) and gave the stock a buy rating in a research note on Tuesday, December 12th. Finally, Barclays lifted their price target on Diploma from GBX 1,000 ($13.56) to GBX 1,030 ($13.97) and gave the stock an equal weight rating in a research note on Friday, November 24th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of GBX 1,252 ($16.98).

Shares of Diploma (LON:DPLM) opened at GBX 1,215 ($16.48) on Wednesday. The stock has a market capitalization of $1,370.00 and a P/E ratio of 2,892.86. Diploma has a 12 month low of GBX 989.50 ($13.42) and a 12 month high of GBX 1,270 ($17.22).

Diploma (LON:DPLM) last issued its quarterly earnings results on Monday, November 20th. The company reported GBX 49.80 ($0.68) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of GBX 48.20 ($0.65) by GBX 1.60 ($0.02). The firm had revenue of £451.90 million for the quarter. Diploma had a return on equity of 18.70% and a net margin of 10.32%.

The business also recently disclosed a dividend, which will be paid on Wednesday, January 24th. Investors of record on Thursday, November 30th will be given a dividend of GBX 16 ($0.22) per share. This is an increase from Diploma’s previous dividend of $7.00. The ex-dividend date of this dividend is Thursday, November 30th. This represents a yield of 1.34%.

In related news, insider Nigel Lingwood sold 52,360 shares of Diploma stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of GBX 1,196 ($16.22), for a total transaction of £626,225.60 ($849,234.61).

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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.

Analyst Recommendations for Diploma (LON:DPLM)

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