Diploma PLC 26.9% potential upside indicated by Berenberg Bank

Broker Ratings

Diploma PLC with ticker (LON:DPLM) now has a potential upside of 26.9% according to Berenberg Bank.

Berenberg Bank set a target price of 3,360 GBX for the company, which when compared to the Diploma PLC share price of 2,456 GBX at opening today (12/05/2022) indicates a potential upside of 26.9%. Trading has ranged between 2,384 (52 week low) and 3,504 (52 week high) with an average of 249,016 shares exchanging hands daily. The market capitalisation at the time of writing is £3,087,986,958.

Diploma PLC is engaged in supplying specialized products and services to a range of end segments in its three sectors of Controls, Seals and Life Sciences. The Controls Sector businesses supply specialized wiring, cable, connectors, fasteners, adhesives and control devices used in a range of technically demanding applications. The Seals Sector businesses supply a range of seals, gaskets, cylinders, components and kits used in heavy mobile machinery and specialized industrial equipment. The Life Sciences Sector businesses supply a range of consumables, instrumentation and related services to the healthcare and environmental industries. The Company’s subsidiaries include HB Sealing Products, Inc., HB Sealing Products Limited, HB Sealing Products Limited, Clarendon Specialty Fasteners Limited, Clarendon Specialty Fasteners, Inc., IS-Rayfast Limited, Somagen Diagnostics Inc., AMT Electrosurgery Inc. and Vantage Endoscopy Inc., among others.

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