Diploma’s (DPLM) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Diploma (LON:DPLM) in a report published on Monday morning, Marketbeat Ratings reports. They currently have a GBX 9,000 price objective on the stock.

Several other equities research analysts have also recently commented on DPLM. Royal Bank Of Canada raised their target price on shares of Diploma from GBX 7,300 to GBX 7,400 and gave the stock an “outperform” rating in a research report on Friday, July 17th. JPMorgan Chase & Co. raised their price objective on shares of Diploma from GBX 5,120 to GBX 5,760 and gave the stock a “neutral” rating in a report on Friday, March 27th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 7,000 target price on shares of Diploma in a report on Friday, May 29th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Diploma from GBX 6,400 to GBX 7,200 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 7,044.29.

Diploma Stock Performance

Shares of LON:DPLM opened at GBX 7,585 on Monday. The company has a 50-day moving average price of GBX 7,013.25 and a 200-day moving average price of GBX 6,289.14. The company has a market cap of £10.17 billion, a price-to-earnings ratio of 53.87, a price-to-earnings-growth ratio of 2.82 and a beta of 0.92. The company has a current ratio of 2.06, a quick ratio of 0.80 and a debt-to-equity ratio of 47.65. Diploma has a 12 month low of GBX 4,970 and a 12 month high of GBX 7,663.22.

Diploma (LON:DPLM) last posted its earnings results on Tuesday, May 19th. The company reported GBX 74.70 earnings per share (EPS) for the quarter. Diploma had a return on equity of 18.55% and a net margin of 9.42%.The firm had revenue of £851.10 million for the quarter. As a group, equities analysts anticipate that Diploma will post 163.7995512 EPS for the current year.

Insider Buying and Selling

In related news, insider Katie Bickerstaffe  acquired 47 shares of Diploma stock in a transaction that occurred on Thursday, July 16th. The stock was bought at an average price of GBX 7,050 per share, with a total value of £3,313.50. Also, insider Wilson Ng acquired 424 shares of the stock in a transaction on Thursday, July 16th. The shares were bought at an average price of GBX 7,066 per share, with a total value of £29,959.84. Insiders have purchased 1,781 shares of company stock worth $12,638,928 in the last 90 days. Insiders own 1.14% of the company’s stock.

Diploma Company Profile

Diploma PLC, together with its subsidiaries, supplies specialized technical products and services in the United Kingdom, Continental Europe, North America, and internationally. It operates through three business sectors: Life Sciences, Seals, and Controls. The Life Sciences sector supplies technology-enabled products used in surgical procedures in operating theatres and endoscopy; testing equipment and services for clinical laboratories; and bio-pharma, food safety and testing, and other research-oriented products.