Diploma (LON:DPLM) PT Raised to GBX 1,775 at HSBC

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Diploma (LON:DPLM) had its price objective increased by HSBC from GBX 1,605 ($21.11) to GBX 1,775 ($23.35) in a research note published on Monday morning, Digital Look reports. HSBC currently has a hold rating on the stock.

Several other equities analysts have also recently weighed in on DPLM. Royal Bank of Canada cut Diploma to an underperform rating and raised their price objective for the company from GBX 1,400 ($18.42) to GBX 1,500 ($19.73) in a research note on Friday. Barclays lifted their target price on Diploma from GBX 1,420 ($18.68) to GBX 1,500 ($19.73) and gave the stock an equal weight rating in a research note on Tuesday, November 19th. Jefferies Financial Group cut Diploma to a hold rating in a research note on Friday. Peel Hunt reiterated a hold rating on shares of Diploma in a research note on Monday. Finally, JPMorgan Chase & Co. cut Diploma to a neutral rating and lowered their target price for the stock from GBX 1,760 ($23.15) to GBX 1,730 ($22.76) in a research note on Tuesday, November 19th. One equities research analyst has rated the stock with a sell rating and seven have issued a hold rating to the company. The company currently has a consensus rating of Hold and an average price target of GBX 1,568.57 ($20.63).

Shares of LON:DPLM opened at GBX 1,920 ($25.26) on Monday. The company has a current ratio of 2.05, a quick ratio of 1.05 and a debt-to-equity ratio of 12.97. The stock’s fifty day simple moving average is GBX 1,967.36 and its two-hundred day simple moving average is GBX 1,677.54. Diploma has a 1-year low of GBX 1,185 ($15.59) and a 1-year high of GBX 2,095.42 ($27.56). The stock has a market cap of $2.18 billion and a PE ratio of 35.10.

Diploma (LON:DPLM) last issued its quarterly earnings data on Monday, November 18th. The company reported GBX 64.30 ($0.85) earnings per share for the quarter, beating the consensus estimate of GBX 63.40 ($0.83) by GBX 0.90 ($0.01). On average, sell-side analysts forecast that Diploma will post 6496.9998453 earnings per share for the current fiscal year.

The company also recently disclosed a dividend, which will be paid on Wednesday, January 22nd. Investors of record on Thursday, November 28th will be paid a GBX 20.50 ($0.27) dividend. This is a boost from Diploma’s previous dividend of $8.50. This represents a yield of 1.15%. The ex-dividend date of this dividend is Thursday, November 28th. Diploma’s payout ratio is currently 0.53%.

Diploma Company Profile

Diploma PLC, together with its subsidiaries, supplies specialized technical products and services in North America, Europe, and internationally. It operates through three business sectors: Life Sciences, Seals, and Controls. The Life Sciences sector supplies consumables and instruments for the diagnostic testing of blood, tissue, and other samples in hospital pathology and life sciences laboratories; electrosurgery and minimally invasive surgery equipment and consumables for use in hospital operating rooms; and surgical medical devices, and related consumables and services to GI endoscopy suites in hospitals and private clinics.

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Analyst Recommendations for Diploma (LON:DPLM)

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