Citigroup Inc. lowered shares of SDL plc (LON:SDL) to a neutral rating in a research note released on Tuesday, July 25th. They currently have GBX 670 ($8.70) price target on the stock.
SDL has been the topic of several other research reports. N+1 Singer restated a corporate rating on shares of SDL plc in a report on Monday, April 3rd. Canaccord Genuity cut SDL plc to a hold rating and increased their target price for the stock from GBX 565 ($7.33) to GBX 660 ($8.57) in a report on Wednesday, June 7th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of GBX 544.60 ($7.07).
SDL plc (LON:SDL) traded down 1.67% during midday trading on Tuesday, reaching GBX 470.00. 24,698 shares of the company traded hands. The company has a 50-day moving average price of GBX 576.70 and a 200-day moving average price of GBX 566.41. SDL plc has a 12-month low of GBX 412.00 and a 12-month high of GBX 674.50. The company’s market cap is GBX 383.99 million.
In related news, insider Adolfo Hernandez bought 20,000 shares of SDL plc stock in a transaction on Wednesday, August 2nd. The shares were purchased at an average price of GBX 496 ($6.44) per share, for a total transaction of £99,200 ($128,780.99).
SDL plc 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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