Peel Hunt Reaffirms “Add” Rating for SDL (SDL)

Peel Hunt reissued their add rating on shares of SDL (LON:SDL) in a research note released on Friday morning.

Separately, Canaccord Genuity reiterated a buy rating and set a GBX 550 ($7.19) price target on shares of SDL in a research report on Friday, November 2nd. Two analysts have rated the stock with a hold rating and two have given a buy rating to the stock. SDL presently has an average rating of Buy and a consensus price target of GBX 530 ($6.93).

Shares of SDL opened at GBX 460 ($6.01) on Friday. SDL has a twelve month low of GBX 333 ($4.35) and a twelve month high of GBX 674.50 ($8.81).

In related news, insider Christopher Humphrey purchased 5,000 shares of the firm’s stock in a transaction dated Tuesday, September 25th. The shares were purchased at an average cost of GBX 465 ($6.08) per share, for a total transaction of £23,250 ($30,380.24). Also, insider Glenn Collinson purchased 6,500 shares of the firm’s stock in a transaction dated Friday, October 12th. The shares were bought at an average price of GBX 472 ($6.17) per share, for a total transaction of £30,680 ($40,088.85).

About SDL

SDL plc provides content management and language translation services. It operates through Language Services, Language Technologies, and Global Content Technologies segments. The company offers translation services; enterprise, desktop, and statistical machine translation technologies; and content and knowledge management technologies.

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