SDL’s (SDL) Buy Rating Reaffirmed at Peel Hunt

Peel Hunt reissued their buy rating on shares of SDL (LON:SDL) in a research report sent to investors on Monday morning. The firm currently has a GBX 610 ($8.21) price target on the stock.

Separately, Canaccord Genuity reiterated a buy rating and set a GBX 590 ($7.94) price objective on shares of SDL in a report on Tuesday, November 28th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. SDL has a consensus rating of Buy and an average target price of GBX 612 ($8.24).

SDL (LON SDL) traded up GBX 14.50 ($0.20) on Monday, hitting GBX 494.50 ($6.66). The stock had a trading volume of 12,815 shares, compared to its average volume of 34,674. SDL has a one year low of GBX 415 ($5.59) and a one 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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