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

Diploma (LON:DPLM - Free Report) had its target price boosted by JPMorgan Chase & Co. from GBX 4,370 ($53.35) to GBX 4,420 ($53.96) in a report issued on Tuesday morning, Marketbeat Ratings reports. They currently have a neutral rating on the stock.

Several other research analysts have also commented on DPLM. Shore Capital lowered Diploma to a "hold" rating in a report on Tuesday, November 19th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 5,100 ($62.26) price target on shares of Diploma in a report on Friday, November 22nd. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Diploma presently has an average rating of "Moderate Buy" and an average price target of GBX 4,567.50 ($55.76).

Diploma Price Performance

Shares of DPLM stock traded down GBX 22 ($0.27) on Tuesday, reaching GBX 4,082 ($49.84). The company's stock had a trading volume of 349,790 shares, compared to its average volume of 1,560,630. The company has a market capitalization of £5.47 billion, a P/E ratio of 4,746.51, a PEG ratio of 2.82 and a beta of 0.75. Diploma has a 12-month low of GBX 3,200 ($39.07) and a 12-month high of GBX 4,653 ($56.81). The stock's 50 day simple moving average is GBX 4,382.13 and its 200-day simple moving average is GBX 4,336.25. The company has a quick ratio of 0.80, a current ratio of 2.27 and a debt-to-equity ratio of 45.69.

Diploma Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 16th will be paid a GBX 42 ($0.51) dividend. This is a boost from Diploma's previous dividend of $17.30. The ex-dividend date is Thursday, January 16th. This represents a dividend yield of 0.93%. Diploma's dividend payout ratio is 6,627.91%.

Insider Activity

In other Diploma news, insider Johnny Thomson sold 26,794 shares of the company's stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of GBX 4,536 ($55.38), for a total value of £1,215,375.84 ($1,483,794.21). Also, insider Chris Davies bought 3,917 shares of the business's stock in a transaction dated Friday, December 20th. The shares were bought at an average cost of GBX 4,280 ($52.25) per share, for a total transaction of £167,647.60 ($204,672.93). Insiders own 0.52% of the company's stock.

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.