SDL plc (SDL) Rating Reiterated by Peel Hunt

SDL plc (LON:SDL)‘s stock had its “buy” rating reissued by stock analysts at Peel Hunt in a research note issued to investors on Wednesday. They presently have a GBX 610 ($8.05) price objective on the stock. Peel Hunt’s target price points to a potential upside of 13.38% from the company’s previous close.

Several other equities research analysts also recently issued reports on SDL. Citigroup Inc. downgraded SDL plc to a “neutral” rating and set a GBX 670 ($8.84) price objective on the stock. in a report on Tuesday, July 25th. Canaccord Genuity restated a “hold” rating and set a GBX 660 ($8.71) price objective on shares of SDL plc in a report on Tuesday, August 1st. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. SDL plc has a consensus rating of “Buy” and a consensus price target of GBX 612 ($8.08).

SDL plc (LON SDL) opened at 538.00 on Wednesday. SDL plc has a 52 week low of GBX 412.00 and a 52 week high of GBX 674.50. The firm has a 50-day moving average of GBX 487.15 and a 200 day moving average of GBX 552.42. The stock’s market capitalization is GBX 439.54 million.

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About SDL plc

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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