Insider Buying: Diploma (LON:DPLM) Insider Acquires 750 Shares of Stock

Diploma PLC (LON:DPLM) insider Geraldine Huse bought 750 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The stock was bought at an average price of GBX 3,997 per share, with a total value of £29,977.50.

Diploma Price Performance

Shares of LON DPLM traded down GBX 65 during trading hours on Wednesday, reaching GBX 5,225. 1,784,851 shares of the stock traded hands, compared to its average volume of 551,443. The company has a market capitalization of £7.00 billion, a P/E ratio of 42.04, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75. The company has a quick ratio of 0.80, a current ratio of 2.17 and a debt-to-equity ratio of 62.17. Diploma PLC has a 52-week low of GBX 3,532 and a 52-week high of GBX 5,700. The company’s 50-day simple moving average is GBX 5,413.65 and its two-hundred day simple moving average is GBX 5,112.35.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Jefferies Financial Group lifted their price target on shares of Diploma from GBX 4,500 to GBX 5,200 and gave the stock a “hold” rating in a research note on Thursday, September 11th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 4,440 target price on shares of Diploma in a research report on Wednesday, August 6th. Berenberg Bank boosted their price target on shares of Diploma from GBX 5,750 to GBX 6,350 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Peel Hunt reaffirmed a “buy” rating and set a GBX 6,150 price objective on shares of Diploma in a research note on Tuesday. Finally, Royal Bank Of Canada upgraded Diploma to an “outperform” rating and lifted their price objective for the stock from GBX 4,500 to GBX 6,000 in a report on Friday, October 3rd. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 5,477.14.

Diploma Company Profile

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.