Stocks
JPMorgan Raises Diploma Stock Price Target by Over 40%
Diploma PLC's stock price received an upgrade from JPMorgan Chase & Co., with analysts increasing their target price to GBX 8,250. This represents a potential upside of 13.25% compared to its previous close.
The 'overweight' rating from JPMorgan Chase & Co. is in line with other positive views on the stock. Deutsche Bank Aktiengesellschaft recently raised their target price to GBX 7,200 and gave Diploma a 'buy' rating. Similarly, Berenberg Bank reaffirmed its 'buy' rating with a target price of GBX 9,000.
The stock's current market capitalization is £9.77 billion, and it has a P/E ratio of 51.74. Over the past three months, insiders have purchased 1,604 shares worth approximately $11,447,718.