Diploma PLC -2.4% potential downside indicated by JP Morgan

Diploma PLC with ticker (LON:DPLM) now has a potential downside of -2.4% according to JP Morgan.

DPLM.L

JP Morgan set a target price of 4,370 GBX for the company, which when compared to the Diploma PLC share price of 4,478 GBX at opening today (11/12/2024) indicates a potential downside of -2.4%. Trading has ranged between 3,200 (52 week low) and 4,653 (52 week high) with an average of 298,404 shares exchanging hands daily. The market capitalisation at the time of writing is £6,051,346,620.

Diploma PLC is a United Kingdom-based decentralized, value-add distribution company. The principal activity of the Company is the supply of specialized technical products and services. The Company operates through four segments: the United Kingdom, Rest of Europe, United States of America, and Rest of world. The Company operates through three sectors: Controls, Seals, and Life Sciences. The Controls Sector businesses supply specialized wiring, cable, connectors, fasteners, control devices and adhesives for a range of technically demanding applications. The Seals businesses supply sealing solutions and fluid power products to support aftermarket repairs, original equipment manufacturer (OEM) partners and maintenance, repair, and overhaul projects. The Life Sciences businesses supply service equipment, consumables and instrumentation for surgery, diagnosis of disease, and critical care support. The Company’s subsidiaries include HKX, Inc., Gremtek SAS, Acernis Medical Inc., and others.