SDL (SDL) Receives Corporate Rating from N+1 Singer

N+1 Singer reaffirmed their corporate rating on shares of SDL (LON:SDL) in a report published on Friday morning.

A number of other analysts have also issued reports on SDL. Peel Hunt initiated coverage on SDL in a research note on Thursday, August 17th. They issued a buy rating and a GBX 610 ($8.21) price target on the stock. Canaccord Genuity reissued a buy rating and set a GBX 590 ($7.94) price objective on shares of SDL in a research note on Tuesday, November 28th. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of Buy and an average target price of GBX 597 ($8.03).

Shares of SDL (LON SDL) opened at GBX 361.75 ($4.87) on Friday. SDL has a 12 month low of GBX 333 ($4.48) and a 12 month high of GBX 674.50 ($9.08).

In related news, insider Glenn Collinson acquired 14,500 shares of the stock in a transaction on Friday, December 15th. The shares were bought at an average price of GBX 356 ($4.79) per share, with a total value of £51,620 ($69,475.10).

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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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