Diploma (LON:DPLM) Price Target Raised to GBX 5,700

Diploma (LON:DPLM) had its target price lifted by Jefferies Financial Group from GBX 5,200 to GBX 5,700 in a report issued on Monday morning, MarketBeat reports. The brokerage currently has a hold rating on the stock.

A number of other equities analysts have also weighed in on DPLM. Royal Bank Of Canada increased their target price on shares of Diploma from GBX 6,200 to GBX 6,600 and gave the stock an “outperform” rating in a research report on Thursday, March 19th. Stifel Nicolaus boosted their price target on shares of Diploma from GBX 6,200 to GBX 6,800 and gave the company a “buy” rating in a research report on Thursday, March 19th. Peel Hunt restated a “buy” rating and set a GBX 6,150 price target on shares of Diploma in a research note on Friday, December 19th. Berenberg Bank raised their price objective on shares of Diploma from GBX 6,600 to GBX 7,500 and gave the stock a “buy” rating in a report on Thursday, March 19th. Finally, Shore Capital Group reiterated a “hold” rating on shares of Diploma in a research note on Wednesday, March 18th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 6,086.25.

Diploma Stock Up 1.4%

DPLM stock opened at GBX 5,950 on Monday. The stock has a fifty day moving average of GBX 5,475.07 and a 200-day moving average of GBX 5,436.60. Diploma has a fifty-two week low of GBX 3,532 and a fifty-two week high of GBX 6,019.52. The company has a market capitalization of £7.98 billion, a price-to-earnings ratio of 43.34, a PEG ratio of 2.82 and a beta of 1.03. The company has a debt-to-equity ratio of 46.97, a quick ratio of 0.80 and a current ratio of 2.04.

Insiders Place Their Bets

In other Diploma news, insider Johnny Thomson sold 30,000 shares of Diploma stock in a transaction dated Friday, January 16th. The stock was sold at an average price of GBX 5,668, for a total transaction of £1,700,400. Also, insider Katie Bickerstaffe purchased 352 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The shares were bought at an average price of GBX 5,645 per share, for a total transaction of £19,870.40. Insiders purchased a total of 1,352 shares of company stock worth $7,704,540 in the last quarter. 1.14% of the stock is owned by company insiders.

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.