SDL (SDL) Receives “Buy” Rating from Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of SDL (LON:SDL) in a report issued on Friday. Peel Hunt currently has a GBX 550 ($7.46) price objective on the stock.

SDL has been the subject of a number of other research reports. N+1 Singer reiterated a corporate rating on shares of SDL in a report on Friday, December 15th. Canaccord Genuity restated a buy rating and set a GBX 590 ($8.00) price objective 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 assigned a buy rating to the company’s stock. SDL has a consensus rating of Buy and an average target price of GBX 597 ($8.10).

SDL (SDL) traded down GBX 1 ($0.01) during trading on Friday, reaching GBX 429 ($5.82). The company had a trading volume of 267,284 shares, compared to its average volume of 81,542. 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 capitalization of $352.90 and a PE ratio of 4,290.00.

In related news, insider Glenn Collinson acquired 14,500 shares of the business’s stock in a transaction on Friday, December 15th. The stock was purchased at an average cost of GBX 356 ($4.83) per share, for a total transaction of £51,620 ($70,002.71).

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SDL Company Profile

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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