SDL plc Receives Average Rating of “Buy” from Analysts (LON:SDL)
Shares of SDL plc (LON:SDL) have earned a consensus recommendation of “Buy” from the nine analysts that are covering the stock, Analyst Ratings Net reports. Two equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 409 ($6.77).
Shares of SDL plc (LON:SDL) opened at 334.50 on Friday. SDL plc has a 1-year low of GBX 219.75 and a 1-year high of GBX 408.00. The stock’s 50-day moving average is GBX 334.4 and its 200-day moving average is GBX 338.6. The company’s market cap is £269.6 million.
A number of analysts have recently weighed in on SDL shares. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of SDL plc in a research note on Thursday. They now have a GBX 352 ($5.82) price target on the stock. Separately, 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.
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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