Peel Hunt Reaffirms “Buy” Rating for SDL (SDL)
SDL (LON:SDL)‘s stock had its “buy” rating reiterated by Peel Hunt in a research note issued to investors on Friday. They presently have a GBX 550 ($7.46) price objective on the stock. Peel Hunt’s price target indicates a potential upside of 30.95% from the stock’s current price.
Several other research firms also recently issued reports on SDL. Canaccord Genuity restated a “buy” rating and set a GBX 590 ($8.00) price objective on shares of SDL in a report on Tuesday, November 28th. N+1 Singer restated a “corporate” rating on shares of SDL in a report on Friday, December 15th. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 597 ($8.10).
SDL (LON:SDL) opened at GBX 420 ($5.70) on Friday. SDL has a fifty-two week low of GBX 333 ($4.52) and a fifty-two week high of GBX 674.50 ($9.15). The company has a market cap of $362.78 and a PE ratio of 4,200.00.
In related news, insider Glenn Collinson acquired 14,500 shares of the business’s stock in a transaction dated Friday, December 15th. The shares were purchased at an average price of GBX 356 ($4.83) per share, for a total transaction of £51,620 ($70,002.71).
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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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