Diploma’s (DPLM) Outperform Rating Reaffirmed at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their outperform rating on shares of Diploma (LON:DPLMGet Rating) in a research note released on Tuesday, Marketbeat Ratings reports. JPMorgan Chase & Co. currently has a GBX 2,150 ($25.42) price target on the stock.

A number of other equities analysts also recently commented on DPLM. Royal Bank of Canada raised their target price on shares of Diploma from GBX 2,450 ($28.97) to GBX 2,700 ($31.93) and gave the company a sector perform rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reissued a hold rating and issued a GBX 2,450 ($28.97) target price on shares of Diploma in a research note on Tuesday. Berenberg Bank reaffirmed a buy rating and set a GBX 3,360 ($39.73) price target on shares of Diploma in a report on Tuesday, July 26th. Finally, Barclays reaffirmed an overweight rating and set a GBX 3,290 ($38.90) price target on shares of Diploma in a report on Tuesday. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Diploma has an average rating of Moderate Buy and a consensus target price of GBX 2,908.33 ($34.39).

Diploma Stock Performance

LON:DPLM opened at GBX 2,776.44 ($32.83) on Tuesday. The company has a quick ratio of 1.45, a current ratio of 2.37 and a debt-to-equity ratio of 73.00. The company has a market cap of £3.46 billion and a P/E ratio of 4,745.76. Diploma has a fifty-two week low of GBX 2,090 ($24.71) and a fifty-two week high of GBX 3,478 ($41.13). The firm’s 50 day moving average is GBX 2,490.58 and its two-hundred day moving average is GBX 2,492.77.

Diploma Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 3rd. Shareholders of record on Thursday, January 19th will be issued a dividend of GBX 38.80 ($0.46) per share. This is a positive change from Diploma’s previous dividend of $15.00. This represents a yield of 1.35%. The ex-dividend date of this dividend is Thursday, January 19th. Diploma’s dividend payout ratio (DPR) is currently 72.20%.

Insiders Place Their Bets

In other Diploma news, insider David S. Lowden purchased 2,500 shares of the firm’s stock in a transaction dated Tuesday, August 30th. The stock was acquired at an average cost of GBX 2,576 ($30.46) per share, with a total value of £64,400 ($76,149.93).

About Diploma

(Get Rating)

Diploma PLC, together with its subsidiaries, supplies specialized technical products and services in the United Kingdom, rest of Europe, North America, and internationally. It operates through three business sectors: Life Sciences, Seals, and Controls. The Life Sciences sector supplies clinical diagnostics instrumentation and products, consumables, specialty surgical devices, and related consumables and services to public hospitals, private clinics, pathology laboratories, scientific research, and medical segments; surgical equipment for hospital operating rooms; and distributes laboratory diagnostics, specialty medical devices, devices, equipment, and patient monitoring technologies used in operating theatres, as well as medically supervised nutrition.

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Analyst Recommendations for Diploma (LON:DPLM)

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