Insider Buying: Diploma (LON:DPLM) Insider Acquires 500 Shares of Stock

Diploma PLC (LON:DPLM) insider Ian El-Mokadem acquired 500 shares of the stock in a transaction dated Friday, March 20th. The stock was acquired at an average cost of GBX 5,820 per share, for a total transaction of £29,100.

Ian El-Mokadem also recently made the following trade(s):

• On Wednesday, January 14th, Ian El-Mokadem bought 500 shares of Diploma stock. The stock was acquired at an average price of GBX 5,615 per share, for a total transaction of £28,075.

Diploma Price Performance

DPLM stock traded up GBX 90 on Monday, hitting GBX 5,815. 26,742,434 shares of the company’s stock traded hands, compared to its average volume of 2,098,481. Diploma PLC has a 1-year low of GBX 3,532 and a 1-year high of GBX 6,019.52. The stock has a market cap of £7.80 billion, a price-to-earnings ratio of 42.35, a P/E/G ratio of 2.82 and a beta of 1.03. The stock has a fifty day moving average of GBX 5,457.51 and a 200-day moving average of GBX 5,426.44. The company has a current ratio of 2.04, a quick ratio of 0.80 and a debt-to-equity ratio of 46.97.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on DPLM. Royal Bank Of Canada increased their price objective on Diploma from GBX 6,200 to GBX 6,600 and gave the company an “outperform” rating in a research report on Thursday. Stifel Nicolaus lifted their target price on Diploma from GBX 6,200 to GBX 6,800 and gave the stock a “buy” rating in a report on Thursday. Peel Hunt reaffirmed a “buy” rating and set a GBX 6,150 target price on shares of Diploma in a research report on Friday, December 19th. Shore Capital Group reaffirmed a “hold” rating on shares of Diploma in a report on Wednesday, March 18th. Finally, Berenberg Bank increased 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. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 6,023.75.

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.