Diploma PLC (LON:DPLM) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Moderate Buy consensus from eight brokerages (five "buy", three "hold") with an average 1‑year target price of GBX 6,086.25.
• Berenberg and Stifel recently raised their targets to GBX 7,500 and GBX 6,800 respectively, while other firms issued a mix of buy and hold ratings.
• Shares opened at GBX 5,860 (1‑year range GBX 3,532–6,019.52), the company has a market cap of £7.86bn and a P/E of 42.68, and insiders own 1.14% after several recent buys and a notable sale.

Shares of Diploma PLC (LON:DPLM - Get Free Report) have earned a consensus rating of "Moderate Buy" from the eight brokerages that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 6,086.25.

A number of brokerages have weighed in on DPLM. Berenberg Bank upped their price target on Diploma from GBX 6,600 to GBX 7,500 and gave the company a "buy" rating in a research report on Thursday, March 19th. Stifel Nicolaus lifted their price objective on Diploma from GBX 6,200 to GBX 6,800 and gave the company a "buy" rating in a report on Thursday, March 19th. Shore Capital Group restated a "hold" rating on shares of Diploma in a research note on Wednesday, March 18th. Peel Hunt reaffirmed a "buy" rating and issued a GBX 6,150 target price on shares of Diploma in a report on Friday, December 19th. Finally, Jefferies Financial Group increased their target price on shares of Diploma from GBX 5,200 to GBX 5,700 and gave the stock a "hold" rating in a research report on Monday.

Diploma Trading Down 1.0%

DPLM stock opened at GBX 5,860 on Friday. Diploma has a 1-year low of GBX 3,532 and a 1-year high of GBX 6,019.52. The firm has a market cap of £7.86 billion, a P/E ratio of 42.68, a P/E/G ratio of 2.82 and a beta of 1.03. The business's 50 day moving average is GBX 5,480.17 and its 200-day moving average is GBX 5,439.96. The company has a current ratio of 2.04, a quick ratio of 0.80 and a debt-to-equity ratio of 46.97.

Insider Transactions at Diploma

In other news, insider Johnny Thomson sold 30,000 shares of the business's stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of GBX 5,668, for a total value of £1,700,400. Also, insider Katie Bickerstaffe purchased 352 shares of the firm's stock in a transaction that occurred on Wednesday, January 14th. The shares were acquired at an average price of GBX 5,645 per share, for a total transaction of £19,870.40. Over the last 90 days, insiders bought 1,352 shares of company stock valued at $7,704,540. Corporate 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.

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