JPMorgan Chase & Co. Raises Diploma (LON:DPLM) Price Target to GBX 4,420

Diploma (LON:DPLM) had its price objective boosted by equities researchers at JPMorgan Chase & Co. from GBX 4,370 ($53.49) to GBX 4,420 ($54.10) in a note issued to investors on Tuesday, Marketbeat.com reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 2.84% from the company’s current price.

Several other equities research analysts also recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 5,100 ($62.42) price objective on shares of Diploma in a report on Friday, November 22nd. Shore Capital downgraded Diploma to a “hold” rating in a report on Tuesday, November 19th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, Diploma currently has a consensus rating of “Moderate Buy” and an average target price of GBX 4,567.50 ($55.91).

Diploma Trading Up 5.3 %

LON DPLM opened at GBX 4,298 ($52.61) on Tuesday. The firm’s 50-day moving average is GBX 4,373.85 and its two-hundred day moving average is GBX 4,335.52. The stock has a market capitalization of £5.76 billion, a P/E ratio of 4,997.67, a PEG ratio of 2.82 and a beta of 0.75. Diploma has a 12 month low of GBX 3,200 ($39.17) and a 12 month high of GBX 4,653 ($56.95). The company has a debt-to-equity ratio of 45.69, a current ratio of 2.27 and a quick ratio of 0.80.

Insider Activity at Diploma

In related news, insider Chris Davies purchased 3,917 shares of the stock in a transaction dated Friday, December 20th. The shares were acquired at an average cost of GBX 4,280 ($52.39) per share, with a total value of £167,647.60 ($205,199.02). Also, insider Johnny Thomson sold 26,794 shares of the stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of GBX 4,536 ($55.52), for a total transaction of £1,215,375.84 ($1,487,608.13). 0.52% of the stock is currently owned by insiders.

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.