Diploma’s (DPLM) Outperform Rating Reaffirmed at Royal Bank Of Canada

Royal Bank Of Canada restated their outperform rating on shares of Diploma (LON:DPLM – Free Report) in a report issued on Tuesday morning,Digital Look reports. They currently have a GBX 7,400 price objective on the stock.

A number of other equities research analysts also recently commented on DPLM. Deutsche Bank Aktiengesellschaft boosted their target price on Diploma from GBX 6,400 to GBX 7,200 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 7,000 price objective on shares of Diploma in a research note on Friday, May 29th. JPMorgan Chase & Co. upped their price objective on Diploma from GBX 5,760 to GBX 8,250 and gave the stock an “overweight” rating in a report on Monday, August 24th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 9,000 target price on shares of Diploma in a report on Monday, July 20th. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Diploma currently has a consensus rating of “Moderate Buy” and an average target price of GBX 7,400.

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Diploma Stock Down 0.6%

DPLM opened at GBX 7,125 on Tuesday. The company has a market capitalization of £9.55 billion, a PE ratio of 50.60, a price-to-earnings-growth ratio of 2.82 and a beta of 0.92. The firm has a 50-day simple moving average of GBX 7,256.99 and a two-hundred day simple moving average of GBX 6,737.02. The company has a quick ratio of 0.80, a current ratio of 2.06 and a debt-to-equity ratio of 47.65. Diploma has a 52 week low of GBX 4,970 and a 52 week high of GBX 7,765.

Insider Buying and Selling

In related news, insider Mandy Gradden acquired 1,000 shares of Diploma stock in a transaction on Friday, July 17th. The shares were bought at an average cost of GBX 7,183 per share, with a total value of £71,830. Also, insider Wilson Ng acquired 424 shares of the firm’s stock in a transaction on Thursday, July 16th. The shares were bought at an average price of GBX 7,066 per share, for a total transaction of £29,959.84. Over the last quarter, insiders purchased 1,604 shares of company stock worth $11,447,718. Corporate insiders own 1.14% of the company’s stock.

About Diploma

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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.

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