SDL plc (SDL) Receives Average Recommendation of “Hold” from Analysts
SDL plc (LON:SDL) has been assigned an average rating of “Hold” from the six brokerages that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 544.60 ($7.03).
Several equities analysts recently commented on the company. Citigroup Inc. downgraded SDL plc to a “neutral” rating and set a GBX 670 ($8.65) target price for the company. in a research report on Tuesday, July 25th. Canaccord Genuity downgraded SDL plc to a “hold” rating and raised their target price for the stock from GBX 565 ($7.30) to GBX 660 ($8.52) in a research report on Wednesday, June 7th. Finally, Peel Hunt assumed coverage on SDL plc in a research report on Thursday, August 17th. They set a “buy” rating and a GBX 610 ($7.88) target price for the company.
SDL plc (LON:SDL) opened at 457.25 on Monday. The company’s 50-day moving average price is GBX 507.35 and its 200-day moving average price is GBX 563.92. The company’s market capitalization is GBX 373.57 million. SDL plc has a 52 week low of GBX 412.00 and a 52 week high of GBX 674.50.
SDL plc (LON:SDL) last posted its earnings results on Tuesday, August 1st. The company reported $0.05 EPS for the quarter. SDL plc had a return on equity of 4.24% and a net margin of 2.66%. On average, equities analysts forecast that SDL plc will post $27.59 EPS for the current fiscal year.
TRADEMARK VIOLATION NOTICE: “SDL plc (SDL) Receives Average Recommendation of “Hold” from Analysts” was first reported by American Banking News and is the property of of American Banking News. If you are accessing this piece on another site, it was stolen and republished in violation of U.S. & international trademark and copyright law. The legal version of this piece can be viewed at https://www.americanbankingnews.com/2017/09/11/sdl-plc-sdl-receives-average-recommendation-of-hold-from-analysts.html.
In other SDL plc news, insider Adolfo Hernandez purchased 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 2nd. The stock was purchased at an average cost of GBX 496 ($6.41) per share, with a total value of £99,200 ($128,115.72).
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.
Receive News & Ratings for SDL plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SDL plc and related companies with MarketBeat.com's FREE daily email newsletter.