Diploma’s (DPLM) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Diploma (LON:DPLM) in a report released on Wednesday morning, MarketBeat Ratings reports. Berenberg Bank currently has a GBX 6,350 price objective on the stock.

DPLM has been the subject of several other reports. Jefferies Financial Group upped their price objective on 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. reiterated a “neutral” rating and issued a GBX 4,440 price target 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 boosted their price objective for the stock from GBX 4,500 to GBX 6,000 in a research report on Friday, October 3rd. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 6,150 target price on shares of Diploma in a research report on Tuesday. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Diploma has an average rating of “Moderate Buy” and a consensus target price of GBX 5,605.71.

Diploma Stock Performance

Shares of DPLM stock opened at GBX 5,365 on Wednesday. The company has a market cap of £7.19 billion, a P/E ratio of 43.16, a PEG ratio of 2.82 and a beta of 0.75. The firm has a fifty day moving average price of GBX 5,401.15 and a 200 day moving average price of GBX 5,123.57. The company has a current ratio of 2.17, a quick ratio of 0.80 and a debt-to-equity ratio of 62.17. Diploma has a 12 month low of GBX 3,532 and a 12 month high of GBX 5,700.

Insider Buying and Selling

In other Diploma news, insider Geraldine Huse bought 750 shares of Diploma stock in a transaction dated Wednesday, November 19th. The stock was acquired at an average cost of GBX 3,997 per share, with a total value of £29,977.50. Corporate 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.