SDL (SDL) Receives Buy Rating from Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of SDL (LON:SDL) in a research note published on Monday morning. The brokerage currently has a GBX 610 ($8.21) target price on the stock.

Separately, Canaccord Genuity reissued a buy rating and set a GBX 590 ($7.94) target price on shares of SDL in a research note 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. The company currently has an average rating of Buy and an average target price of GBX 612 ($8.24).

SDL (LON:SDL) opened at GBX 483.25 ($6.50) on Monday. 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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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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