Diploma (LON:DPLM) Given New GBX 4,400 Price Target at Berenberg Bank

Diploma (LON:DPLM) had its price objective hoisted by investment analysts at Berenberg Bank from GBX 3,800 ($48.02) to GBX 4,400 ($55.60) in a research note issued on Thursday, MarketBeat Ratings reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s target price would indicate a potential upside of 18.47% from the stock’s current price.

Separately, Shore Capital restated a “buy” rating on shares of Diploma in a research note on Wednesday.

Diploma Trading Down 1.0 %

Shares of DPLM stock traded down GBX 36 ($0.45) during mid-day trading on Thursday, hitting GBX 3,714 ($46.94). The company’s stock had a trading volume of 102,964 shares, compared to its average volume of 255,429. The company has a debt-to-equity ratio of 44.05, a quick ratio of 0.80 and a current ratio of 2.06. Diploma has a 52 week low of GBX 2,574 ($32.53) and a 52 week high of GBX 3,870 ($48.91). The company’s fifty day simple moving average is GBX 3,372.76 and its 200-day simple moving average is GBX 3,247.51. The company has a market cap of £4.98 billion, a PE ratio of 4,128.89, a P/E/G ratio of 2.82 and a beta of 0.73.

About Diploma

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.