Diploma (LON:DPLM) had its price target raised by Berenberg Bank from GBX 1,350 ($17.76) to GBX 1,725 ($22.69) in a research note issued to investors on Monday morning, Digital Look reports. The firm currently has a hold rating on the stock.
Several other analysts have also recently commented on the company. Royal Bank of Canada cut Diploma to an underperform rating and increased their target price for the stock from GBX 1,400 ($18.42) to GBX 1,500 ($19.73) in a report on Friday, January 10th. Peel Hunt restated a hold rating and set a GBX 1,650 ($21.70) target price on shares of Diploma in a report on Wednesday, January 15th. HSBC increased their target price on Diploma from GBX 1,605 ($21.11) to GBX 1,775 ($23.35) and gave the stock a hold rating in a report on Monday, January 13th. Jefferies Financial Group cut Diploma to a hold rating in a report on Friday, January 10th. Finally, JPMorgan Chase & Co. increased their target price on Diploma from GBX 1,730 ($22.76) to GBX 1,760 ($23.15) and gave the stock a neutral rating in a report on Thursday, January 16th. One research analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. Diploma has an average rating of Hold and a consensus price target of GBX 1,629.38 ($21.43).
Shares of DPLM stock opened at GBX 1,968.48 ($25.89) on Monday. The stock’s fifty day moving average is GBX 1,980.92 and its 200-day moving average is GBX 1,694.99. The company has a debt-to-equity ratio of 12.97, a quick ratio of 1.05 and a current ratio of 2.05. The stock has a market capitalization of $2.18 billion and a PE ratio of 35.99. Diploma has a 52 week low of GBX 1,246 ($16.39) and a 52 week high of GBX 2,095.42 ($27.56).
The company also recently declared a dividend, which was paid on Wednesday, January 22nd. Stockholders of record on Thursday, November 28th were paid a dividend of GBX 20.50 ($0.27) per share. This represents a dividend yield of 1.15%. The ex-dividend date was Thursday, November 28th. This is a positive change from Diploma’s previous dividend of $8.50. Diploma’s dividend payout ratio is 0.53%.
In other news, insider Johnny Thomson purchased 8,173 shares of the business’s stock in a transaction dated Thursday, January 16th. The shares were acquired at an average price of GBX 1,941 ($25.53) per share, with a total value of £158,637.93 ($208,679.20).
Diploma PLC, together with its subsidiaries, supplies specialized technical products and services in North America, Europe, and internationally. It operates through three business sectors: Life Sciences, Seals, and Controls. The Life Sciences sector supplies consumables and instruments for the diagnostic testing of blood, tissue, and other samples in hospital pathology and life sciences laboratories; electrosurgery and minimally invasive surgery equipment and consumables for use in hospital operating rooms; and surgical medical devices, and related consumables and services to GI endoscopy suites in hospitals and private clinics.
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