N+1 Singer restated their corporate rating on shares of SDL (LON:SDL) in a research note released on Friday morning.

A number of other equities research analysts have also recently commented on SDL. Peel Hunt initiated coverage on shares of SDL in a report on Thursday, August 17th. They issued a buy rating and a GBX 610 ($8.21) price target for the company. Canaccord Genuity restated a buy rating and issued a GBX 590 ($7.94) price target on shares of SDL in a report on Tuesday, November 28th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. SDL has a consensus rating of Buy and a consensus target price of GBX 597 ($8.03).

SDL (SDL) traded down GBX 112 ($1.51) during trading hours on Friday, reaching GBX 348 ($4.68). 3,699,063 shares of the company’s stock were exchanged, compared to its average volume of 27,992. SDL has a 1-year low of GBX 430 ($5.79) and a 1-year high of GBX 674.50 ($9.08).

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About SDL

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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