Berenberg Bank Reaffirms “Buy” Rating for Diploma (LON:DPLM)

Diploma (LON:DPLM)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a research note issued on Monday,London Stock Exchange reports. They presently have a GBX 9,000 price target on the stock. Berenberg Bank’s price target would indicate a potential upside of 22.45% from the stock’s current price.

Other equities analysts have also issued reports about the company. JPMorgan Chase & Co. boosted their target price on Diploma from GBX 5,120 to GBX 5,760 and gave the stock a “neutral” rating in a research report on Friday, March 27th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Diploma from GBX 6,400 to GBX 7,200 and gave the company a “buy” rating in a report on Wednesday, May 20th. Jefferies Financial Group restated a “hold” rating and issued a GBX 7,000 price objective on shares of Diploma in a research report on Friday, May 29th. Finally, Royal Bank Of Canada raised their price objective on Diploma from GBX 7,300 to GBX 7,400 and gave the stock an “outperform” rating in a research note on Friday. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Diploma has an average rating of “Moderate Buy” and an average price target of GBX 7,044.29.

Diploma Stock Up 1.5%

Shares of LON:DPLM opened at GBX 7,350 on Monday. Diploma has a one year low of GBX 4,970 and a one year high of GBX 7,360. The company has a 50 day moving average of GBX 6,970.25 and a 200-day moving average of GBX 6,243.50. The company has a debt-to-equity ratio of 47.65, a current ratio of 2.06 and a quick ratio of 0.80. The stock has a market cap of £9.86 billion, a price-to-earnings ratio of 52.20, a P/E/G ratio of 2.82 and a beta of 0.92.

Diploma (LON:DPLM) last issued its earnings results on Tuesday, May 19th. The company reported GBX 74.70 EPS for the quarter. The company had revenue of £851.10 million during the quarter. Diploma had a net margin of 9.42% and a return on equity of 18.55%. On average, sell-side analysts forecast that Diploma will post 163.7995512 earnings per share for the current year.

Insider Buying and Selling at Diploma

In other Diploma news, insider Mandy Gradden acquired 1,000 shares of Diploma stock in a transaction dated Friday, July 17th. The stock was bought at an average cost of GBX 7,183 per share, for a total transaction of £71,830. Also, insider Katie Bickerstaffe  acquired 47 shares of the firm’s stock in a transaction dated Thursday, July 16th. The stock was bought at an average price of GBX 7,050 per share, with a total value of £3,313.50. In the last three months, insiders have acquired 1,781 shares of company stock worth $12,638,928. 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.