Diploma (LON:DPLM) Price Target Raised to GBX 6,200 at Deutsche Bank Aktiengesellschaft

Diploma (LON:DPLM) had its price objective boosted by Deutsche Bank Aktiengesellschaft from GBX 6,000 to GBX 6,200 in a report issued on Wednesday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 9.44% from the stock’s previous close.

Several other equities research analysts have also recently commented on DPLM. Royal Bank Of Canada upgraded shares of Diploma to an “outperform” rating and boosted their price target for the stock from GBX 4,500 to GBX 6,000 in a research report on Friday, October 3rd. Peel Hunt restated a “buy” rating and set a GBX 6,150 target price on shares of Diploma in a report on Friday, December 19th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 6,350 price target on shares of Diploma in a report on Wednesday, November 19th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Diploma presently has an average rating of “Moderate Buy” and an average price target of GBX 5,634.29.

Diploma Price Performance

Shares of DPLM stock traded up GBX 110 during midday trading on Wednesday, reaching GBX 5,665. 368,808 shares of the company were exchanged, compared to its average volume of 278,311. The company’s 50 day moving average price is GBX 5,405.02 and its two-hundred day moving average price is GBX 5,348.96. The company has a market cap of £7.60 billion, a P/E ratio of 41.26, a PEG ratio of 2.82 and a beta of 0.75. Diploma has a 12 month low of GBX 3,532 and a 12 month high of GBX 5,760. The company has a debt-to-equity ratio of 62.17, a quick ratio of 0.80 and a current ratio of 2.17.

Diploma (LON:DPLM) last announced its earnings results on Monday, December 8th. The company reported GBX 176 EPS for the quarter. Diploma had a return on equity of 13.18% and a net margin of 9.25%. On average, sell-side analysts expect that Diploma will post 163.7995512 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Geraldine Huse bought 750 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were bought at an average cost of GBX 3,997 per share, with a total value of £29,977.50. Also, insider Ian El-Mokadem purchased 500 shares of the business’s stock in a transaction dated Wednesday, January 14th. The shares were purchased at an average cost of GBX 5,615 per share, with a total value of £28,075. In the last 90 days, insiders purchased 2,012 shares of company stock worth $9,993,580. 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.