SDL plc (SDL) Receives Consensus Recommendation of “Hold” from Analysts
SDL plc (LON:SDL) has earned a consensus recommendation of “Hold” from the six research firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 544.60 ($7.07).
Several brokerages recently commented on SDL. Canaccord Genuity reiterated a “hold” rating and set a GBX 660 ($8.57) price target on shares of SDL plc in a research note on Tuesday, August 1st. Citigroup Inc. lowered shares of SDL plc to a “neutral” rating and set a GBX 670 ($8.70) price target on the stock. in a research note on Tuesday, July 25th. N+1 Singer reiterated a “corporate” rating on shares of SDL plc in a research note on Thursday, April 20th. Finally, Peel Hunt began coverage on shares of SDL plc in a research note on Thursday. They set a “buy” rating and a GBX 610 ($7.92) price target on the stock.
In other SDL plc news, insider Adolfo Hernandez acquired 20,000 shares of the company’s stock in a transaction on Wednesday, August 2nd. The shares were bought at an average cost of GBX 496 ($6.44) per share, for a total transaction of £99,200 ($128,780.99).
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SDL plc (LON:SDL) opened at 475.25 on Thursday. The company has a 50 day moving average price of GBX 584.51 and a 200 day moving average price of GBX 567.72. The firm’s market capitalization is GBX 388.27 million. SDL plc has a 52-week low of GBX 412.00 and a 52-week high of GBX 674.50.
SDL plc Company Profile
SDL plc specializes in language translation technology, services and content management. The Company operates through four segments: Language Services, which is engaged in the provision of a translation service for customer’s multilingual content in multiple languages; Language Technology, which includes the sale of enterprise, desktop and statistical machine translation technologies together with associated consultancy and services; Global Content Technologies, which is content management and knowledge management technologies together with associated consultancy services, and Non-Core Businesses, which includes the sale of campaign management, social media monitoring and marketing analytic.
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