SDL Receives “Neutral/Attractive” Rating from Goldman Sachs Group Inc. (SDL)
SDL (LON:SDL)‘s stock had its “neutral/attractive” rating reaffirmed by Goldman Sachs Group Inc. in a research note issued on Wednesday, StockRatingsNetwork reports. They currently have a GBX 410 ($6.73) price objective on the stock. Goldman Sachs Group Inc.’s price target would suggest a potential upside of 15.49% from the stock’s previous close.
SDL has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. upgraded shares of SDL to a “buy” rating in a research note to investors on Wednesday. They now have a GBX 420 ($6.89) price target on the stock, up previously from GBX 320 ($5.25). Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of SDL in a research note to investors on Tuesday. They now have a GBX 338 ($5.55) price target on the stock. Finally, 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. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of GBX 392 ($6.43).
SDL (LON:SDL) traded down 0.07% on Wednesday, hitting GBX 372.75. 61,699 shares of the company’s stock traded hands. SDL has a 1-year low of GBX 219.75 and a 1-year high of GBX 557.00. The stock’s 50-day moving average is GBX 328.8 and its 200-day moving average is GBX 311.1. The company’s market cap is £298.9 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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