SDL Given Hold Rating at Numis Securities Ltd (SDL)
SDL (LON:SDL)‘s stock had its “hold” rating restated by stock analysts at Numis Securities Ltd in a report issued on Tuesday, AnalystRatingsNetwork.com reports. They currently have a GBX 338 ($5.55) target price on the stock. Numis Securities Ltd’s price target indicates a potential downside of 4.79% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Investec raised their price target on shares of SDL from GBX 360 ($5.91) to GBX 420 ($6.89) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at N+1 Singer reiterated a “corporate” rating on shares of SDL in a research note to investors on Tuesday. Finally, analysts at Goldman Sachs Group Inc. raised their price target on shares of SDL from GBX 335 ($5.50) to GBX 370 ($6.07) in a research note to investors on Tuesday, January 14th. They now have a “neutral” rating on the stock. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 372 ($6.11).
Shares of SDL (LON:SDL) traded up 4.95% during mid-day trading on Tuesday, hitting GBX 355.00. 1,530,917 shares of the company’s stock traded hands. SDL has a one year low of GBX 219.75 and a one year high of GBX 557.00. The stock has a 50-day moving average of GBX 328.8 and a 200-day moving average of GBX 311.1. The company’s market cap is £284.7 million.
SDL plc (LON:SDL) is engaged in providing global information management solutions and related software applications to a variety of multinational businesses.
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