Deutsche Bank Aktiengesellschaft Reaffirms Hold Rating for Diploma (LON:DPLM)

Deutsche Bank Aktiengesellschaft reaffirmed their hold rating on shares of Diploma (LON:DPLMGet Rating) in a research note issued to investors on Tuesday, Marketbeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a GBX 2,450 ($28.97) price objective on the stock.

Several other equities research analysts also recently commented on DPLM. Berenberg Bank reiterated a buy rating and set a GBX 3,360 ($39.73) target price on shares of Diploma in a research report on Tuesday, July 26th. Barclays reiterated an overweight rating and set a GBX 3,290 ($38.90) target price on shares of Diploma in a research report on Tuesday. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of Moderate Buy and an average target price of GBX 2,908.33 ($34.39).

Diploma Price Performance

LON:DPLM opened at GBX 2,854 ($33.75) on Tuesday. The stock’s 50 day simple moving average is GBX 2,504.69 and its 200 day simple moving average is GBX 2,497.99. The company has a current ratio of 1.63, a quick ratio of 0.80 and a debt-to-equity ratio of 65.80. The firm has a market cap of £3.56 billion and a P/E ratio of 3,755.26.

Diploma Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, February 3rd. Stockholders of record on Thursday, January 19th will be given a GBX 38.80 ($0.46) dividend. The ex-dividend date is Thursday, January 19th. This represents a dividend yield of 1.35%. This is an increase from Diploma’s previous dividend of $15.00. Diploma’s payout ratio is 7,105.26%.

Insider Transactions at Diploma

In other news, insider David S. Lowden purchased 2,500 shares of the company’s stock in a transaction dated Tuesday, August 30th. The shares were purchased at an average price of GBX 2,576 ($30.46) per share, for a total transaction of £64,400 ($76,149.93). In related news, insider David S. Lowden bought 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 30th. The shares were bought at an average price of GBX 2,576 ($30.46) per share, for a total transaction of £64,400 ($76,149.93). Also, insider Johnny Thomson sold 40,177 shares of the business’s stock in a transaction on Monday, November 21st. The shares were sold at an average price of GBX 2,800 ($33.11), for a total transaction of £1,124,956 ($1,330,206.93).

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.

Read More

Analyst Recommendations for Diploma (LON:DPLM)

Receive News & Ratings for Diploma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diploma and related companies with MarketBeat.com's FREE daily email newsletter.