Diploma (LON:DPLM) Earns Buy Rating from Berenberg Bank

Key Points

• Berenberg Bank has reissued a "buy" rating for Diploma (LON:DPLM), setting a target price of GBX 5,750, suggesting a potential upside of 6.55% from its current price.
• The company has a market capitalization of £7.23 billion and a 52-week price range of GBX 3,532 to GBX 5,625.
• Consensus ratings for Diploma indicate a "Moderate Buy," with two analysts issuing buy ratings and two giving hold ratings.

Diploma (LON:DPLM - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at Berenberg Bank in a report released on Tuesday, MarketBeat reports. They presently have a GBX 5,750 price objective on the stock. Berenberg Bank's target price points to a potential upside of 6.38% from the stock's previous close.

DPLM has been the topic of a number of other reports. JPMorgan Chase & Co. restated a "neutral" rating and set a GBX 4,440 price target on shares of Diploma in a research note on Wednesday, August 6th. Shore Capital restated a "hold" rating and set a GBX 5,100 price target on shares of Diploma in a research note on Thursday, July 17th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of GBX 5,097.50.

Diploma Trading Up 1.4%

DPLM traded up GBX 75 during trading hours on Tuesday, reaching GBX 5,405. The company's stock had a trading volume of 18,554,396 shares, compared to its average volume of 477,312. Diploma has a fifty-two week low of GBX 3,532 and a fifty-two week high of GBX 5,625. The stock has a market cap of £7.24 billion, a PE ratio of 4,348.35, a P/E/G ratio of 2.82 and a beta of 0.75. The business's 50-day moving average is GBX 5,224.41 and its 200-day moving average is GBX 4,592.24. The company has a debt-to-equity ratio of 62.17, a current ratio of 2.17 and a quick ratio of 0.80.

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.