Diploma (LON:DPLM) Given “Buy” Rating at Berenberg Bank

Diploma (LON:DPLM)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a report released on Wednesday,Digital Look reports. They presently have a GBX 6,350 price target on the stock. Berenberg Bank’s price objective points to a potential upside of 21.88% from the company’s current price.

Other equities analysts have also recently issued reports about the stock. Jefferies Financial Group upped their price objective on shares of Diploma from GBX 4,500 to GBX 5,200 and gave the stock a “hold” rating in a research report on Thursday, September 11th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 4,440 target price on shares of Diploma in a research note on Wednesday, August 6th. Royal Bank Of Canada upgraded shares of Diploma to an “outperform” rating and upped their price target for the stock from GBX 4,500 to GBX 6,000 in a report on Friday, October 3rd. Finally, Peel Hunt reissued a “buy” rating and set a GBX 6,150 price objective on shares of Diploma in a report on Tuesday. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 5,605.71.

Diploma Price Performance

Shares of DPLM stock traded down GBX 80 during trading hours on Wednesday, reaching GBX 5,210. The company’s stock had a trading volume of 466,909 shares, compared to its average volume of 545,585. Diploma has a fifty-two week low of GBX 3,532 and a fifty-two week high of GBX 5,700. The firm’s 50 day simple moving average is GBX 5,413.65 and its 200-day simple moving average is GBX 5,112.35. The company has a quick ratio of 0.80, a current ratio of 2.17 and a debt-to-equity ratio of 62.17. The company has a market capitalization of £6.98 billion, a price-to-earnings ratio of 41.91, a PEG ratio of 2.82 and a beta of 0.75.

Insider Activity

In other news, insider Geraldine Huse purchased 750 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were purchased at an average price of GBX 3,997 per share, for a total transaction of £29,977.50. Company insiders own 1.13% 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.