Diploma PLC (LON:DPLM) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Diploma PLC has a “Moderate Buy” consensus rating: six of eight analysts recommend buying the stock, while two rate it a hold. The average 12-month price target is GBX 7,400.
• Recent analyst targets range from GBX 7,000 at Jefferies to GBX 9,000 at Berenberg, with JPMorgan raising its target to GBX 8,250 and maintaining an overweight rating.
• Diploma shares opened at GBX 7,335, near their 52-week high of GBX 7,765, giving the company a market capitalization of approximately £9.84 billion and a P/E ratio of 52.10.

Shares of Diploma PLC (LON:DPLM - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the eight research firms that are currently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is GBX 7,400.

Several equities research analysts have recently issued reports on DPLM shares. JPMorgan Chase & Co. increased their price objective on shares of Diploma from GBX 5,760 to GBX 8,250 and gave the stock an "overweight" rating in a research report on Monday, August 24th. Berenberg Bank restated a "buy" rating and set a GBX 9,000 target price on shares of Diploma in a report on Monday, July 20th. Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 7,000 price target on shares of Diploma in a research report on Friday, May 29th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 7,400 price target on shares of Diploma in a research report on Tuesday, September 8th.

Diploma Stock Performance

LON DPLM opened at GBX 7,335 on Friday. The company has a debt-to-equity ratio of 47.65, a current ratio of 2.06 and a quick ratio of 0.80. Diploma has a 1-year low of GBX 4,970 and a 1-year high of GBX 7,765. The firm has a market capitalization of £9.84 billion, a P/E ratio of 52.10, a P/E/G ratio of 2.82 and a beta of 0.92. The business's 50-day simple moving average is GBX 7,277.01 and its 200-day simple moving average is GBX 6,810.66.

Insider Activity

In related news, insider Katie Bickerstaffe  bought 47 shares of the stock in a transaction dated Thursday, July 16th. The stock was acquired at an average price of GBX 7,050 per share, for a total transaction of £3,313.50. Also, insider Mandy Gradden bought 1,000 shares of the company's stock in a transaction that occurred on Friday, July 17th. The shares were bought at an average price of GBX 7,183 per share, for a total transaction of £71,830. Over the last quarter, insiders purchased 1,604 shares of company stock worth $11,447,718. 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.

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