SDL plc Receives “Hold” Rating from Canaccord Genuity (SDL)
SDL plc (LON:SDL)‘s stock had its “hold” rating restated by equities research analysts at Canaccord Genuity in a research note issued to investors on Thursday. They currently have a GBX 352 ($5.82) target price on the stock. Canaccord Genuity’s price objective would suggest a potential upside of 4.37% from the company’s current price.
Shares of SDL plc (LON:SDL) opened at 332.50 on Thursday. SDL plc has a 52-week low of GBX 219.75 and a 52-week high of GBX 408.00. The stock has a 50-day moving average of GBX 335. and a 200-day moving average of GBX 338.7. The company’s market cap is £268.0 million.
A number of other firms have also recently commented on SDL. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of SDL plc in a research note on Wednesday, August 6th. They now have a GBX 342 ($5.66) price target on the stock. Separately, analysts at Panmure Gordon raised their price target on shares of SDL plc from GBX 421 ($6.97) to GBX 428 ($7.08) in a research note on Tuesday, August 5th. They now have a “buy” rating on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of SDL plc in a research note on Tuesday, August 5th. They now have a GBX 420 ($6.95) price target on the stock. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of GBX 409 ($6.77).
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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