Diploma’s (DPLM) Buy Rating Reaffirmed at Berenberg Bank

Diploma (LON:DPLM)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a research report issued to clients and investors on Monday. They presently have a GBX 1,365 ($18.86) price objective on the stock. Berenberg Bank’s target price indicates a potential upside of 26.39% from the stock’s previous close.

Several other research analysts also recently issued reports on the stock. Barclays upped their price target on shares of Diploma from GBX 1,000 ($13.82) to GBX 1,030 ($14.23) and gave the stock an “equal weight” rating in a research report on Friday, November 24th. Numis Securities upgraded shares of Diploma to a “buy” rating and upped their price target for the stock from GBX 1,190 ($16.44) to GBX 1,300 ($17.96) in a research report on Monday, November 20th. Peel Hunt reiterated an “add” rating and set a GBX 1,165 ($16.10) price target on shares of Diploma in a research report on Monday, November 20th. Finally, Jefferies Group upped their price target on shares of Diploma from GBX 1,250 ($17.27) to GBX 1,350 ($18.65) and gave the stock a “buy” rating in a research report on Wednesday, November 22nd. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 1,252 ($17.30).

Diploma (DPLM) opened at GBX 1,080 ($14.92) on Monday. The stock has a market cap of $1,230.00 and a PE ratio of 2,571.43. Diploma has a 52-week low of GBX 1,010 ($13.95) and a 52-week high of GBX 1,270 ($17.55).

In other Diploma news, insider Bruce Thompson bought 6,900 shares of the business’s stock in a transaction on Monday, February 5th. The shares were bought at an average cost of GBX 1,090 ($15.06) per share, for a total transaction of £75,210 ($103,909.92).

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Diploma Company Profile

Diploma PLC is an international group of businesses supplying specialized technical products and services. It is organized into three business sectors: Life Sciences, Seals and Controls. Life Sciences Sector businesses supply a range of consumables, instrumentation and related services to the healthcare and environmental industries.

Analyst Recommendations for Diploma (LON:DPLM)

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