Diploma PLC (LON:DPLM) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Diploma PLC (LON:DPLM) have been assigned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 6,086.25.

Several equities research analysts have recently commented on DPLM shares. Jefferies Financial Group lifted their price target on shares of Diploma from GBX 5,200 to GBX 5,700 and gave the stock a “hold” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Diploma from GBX 6,200 to GBX 6,400 and gave the company a “buy” rating in a research note on Thursday, March 19th. Stifel Nicolaus upped their target price 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. Berenberg Bank raised their price target on Diploma from GBX 6,600 to GBX 7,500 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 6,150 price objective on shares of Diploma in a research note on Friday, December 19th.

Diploma Stock Performance

Diploma stock opened at GBX 5,860 on Friday. The company has a current ratio of 2.04, a quick ratio of 0.80 and a debt-to-equity ratio of 46.97. Diploma has a 1 year low of GBX 3,532 and a 1 year high of GBX 6,019.52. The company has a market cap of £7.86 billion, a PE ratio of 42.68, a PEG ratio of 2.82 and a beta of 1.03. The company’s 50-day moving average is GBX 5,480.17 and its two-hundred day moving average is GBX 5,439.96.

Insiders Place Their Bets

In other news, insider Johnny Thomson sold 30,000 shares of the company’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of GBX 5,668, for a total value of £1,700,400. Also, insider Ian El-Mokadem purchased 500 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The stock was purchased at an average price of GBX 5,820 per share, for a total transaction of £29,100. Over the last quarter, insiders have purchased 1,352 shares of company stock worth $7,704,540. Insiders own 1.14% of the company’s stock.

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.