Diploma (LON:DPLM) Price Target Raised to GBX 5,760

Diploma (LON:DPLM) had its price objective increased by JPMorgan Chase & Co. from GBX 5,120 to GBX 5,760 in a report issued on Friday, Marketbeat reports. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts have also recently weighed in on DPLM. Stifel Nicolaus increased their price target on Diploma from GBX 6,200 to GBX 6,800 and gave the company a “buy” rating in a research note on Thursday, March 19th. Royal Bank Of Canada lifted their price objective on shares of Diploma from GBX 6,200 to GBX 6,600 and gave the stock an “outperform” rating in a research report on Thursday, March 19th. Berenberg Bank increased their price objective on shares of Diploma from GBX 6,600 to GBX 7,500 and gave the company a “buy” rating in a research report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Diploma from GBX 6,200 to GBX 6,400 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 6,150 target price on shares of Diploma in a report on Friday, December 19th. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 6,251.25.

Diploma Price Performance

Shares of DPLM stock opened at GBX 5,840 on Friday. Diploma has a 12 month low of GBX 3,532 and a 12 month high of GBX 6,019.52. The company has a quick ratio of 0.80, a current ratio of 2.04 and a debt-to-equity ratio of 46.97. The firm has a market cap of £7.83 billion, a price-to-earnings ratio of 42.53, a PEG ratio of 2.82 and a beta of 1.03. The stock has a 50-day moving average price of GBX 5,483.27 and a 200 day moving average price of GBX 5,442.46.

Insider Buying and Selling at Diploma

In other news, insider Ian El-Mokadem acquired 500 shares of the firm’s stock in a transaction on Friday, March 20th. The shares were purchased at an average cost of GBX 5,820 per share, with a total value of £29,100. Also, insider Katie Bickerstaffe acquired 352 shares of the stock in a transaction on Wednesday, January 14th. The shares were purchased at an average price of GBX 5,645 per share, for a total transaction of £19,870.40. Insiders have bought a total of 1,352 shares of company stock valued at $7,704,540 in the last ninety days. 1.14% of the stock is currently owned by corporate insiders.

About Diploma

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.