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DPLM — Diploma News Story

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UK's Diploma rises on RBC rating upgrade

**  Shares of technical products & service distributor Diploma DPLM.L rise as much as 3.93% to 5470 p, among top gainers on London's FTSE 100 .FTSE

** Brokerage firm RBC upgrades rating to "Outperform" from "Underperform"

** RBC upgrades PT to 6,000 p from 4,500 p

** Brokerage says it expects DPLM to beat organic revenue growth forecasts and expects EPS upgrades of 20% by 2028

** 10 of the 14 analysts covering the stock have a "buy" or higher rating, 3 has "hold" while 1 rates it at "sell" ; median PT is 5,800 p  - data compiled by LSEG

** Up to Thursday's close, stock had risen 23.07% so far this year

 (Reporting by Simone Lobo in Bengaluru)

 ((Simone.Lobo@thomsonreuters.com; +919920570373;))

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