SDL plc (SDL) Rating Reiterated by Citigroup Inc.
SDL plc (LON:SDL)‘s stock had its “neutral” rating reissued by stock analysts at Citigroup Inc. in a note issued to investors on Thursday.
A number of other equities analysts also recently weighed in on the stock. Panmure Gordon reissued a “buy” rating and issued a GBX 540 ($7.19) price target on shares of SDL plc in a report on Tuesday, August 2nd. Canaccord Genuity reissued a “hold” rating and issued a GBX 400 ($5.33) price target on shares of SDL plc in a report on Tuesday, June 7th. Finally, Numis Securities Ltd reissued an “add” rating and issued a GBX 510 ($6.79) price target on shares of SDL plc in a report on Tuesday, August 9th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 475 ($6.33).
SDL plc (LON:SDL) opened at 469.685 on Thursday. The firm has a 50-day moving average of GBX 449.98 and a 200 day moving average of GBX 419.05. The company’s market capitalization is GBX 381.85 million. SDL plc has a 12-month low of GBX 315.00 and a 12-month high of GBX 478.75.
In other news, insider Hernandez,Adolfo purchased 50,000 shares of the stock in a transaction dated Tuesday, August 2nd. The shares were purchased at an average cost of GBX 435 ($5.79) per share, with a total value of £217,500 ($289,691.00).
SDL plc Company Profile
SDL plc is a United Kingdom-based language translation and global content management company. 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 include the sale of campaign management, social media monitoring and marketing analytic and Fredhopper technologies together with associated consultancy and services.
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