SDL (LON:SDL) had its price objective cut by Peel Hunt from GBX 610 ($8.21) to GBX 550 ($7.40) in a report issued on Friday morning. They currently have a buy rating on the stock.

Separately, Canaccord Genuity reissued a buy rating and set a GBX 590 ($7.94) price target on shares of SDL in a research report on Tuesday, November 28th. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company. SDL presently has a consensus rating of Buy and an average price target of GBX 597 ($8.03).

Shares of SDL (SDL) opened at GBX 361.75 ($4.87) on Friday. SDL has a twelve month low of GBX 333 ($4.48) and a twelve month high of GBX 674.50 ($9.08).

In other SDL news, insider Glenn Collinson purchased 14,500 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The shares were purchased at an average cost of GBX 356 ($4.79) per share, with a total value of £51,620 ($69,475.10).

TRADEMARK VIOLATION NOTICE: This story was first reported by Watch List News and is the property of of Watch List News. If you are accessing this story on another publication, it was illegally copied and reposted in violation of U.S. & international trademark and copyright laws. The original version of this story can be viewed at

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.

Receive News & Ratings for SDL Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SDL and related companies with's FREE daily email newsletter.