SDL plc (LON:SDL) had its target price boosted by investment analysts at Canaccord Genuity from GBX 390 ($5.56) to GBX 400 ($5.71) in a research note issued to investors on Thursday, MarketBeat.com reports. The brokerage currently has a “hold” rating on the stock. Canaccord Genuity’s target price indicates a potential downside of 12.85% from the company’s current price.

In other SDL plc news, insider Batterham,Christopher bought 13,105 shares of the stock in a transaction on Friday, November 6th. The shares were acquired at an average price of GBX 408 ($5.82) per share, with a total value of £53,468.40 ($76,285.35).

A number of other equities analysts also recently weighed in on SDL. Numis Securities Ltd restated a “buy” rating and issued a GBX 530 ($7.56) target price on shares of SDL plc in a research note on Friday, October 2nd. Peel Hunt restated a “hold” rating and issued a GBX 400 ($5.71) target price on shares of SDL plc in a research note on Monday, January 11th. Investec restated a “buy” rating on shares of SDL plc in a research note on Wednesday, January 20th. Citigroup Inc. upgraded SDL plc to a “buy” rating and boosted their target price for the stock from GBX 380 ($5.42) to GBX 500 ($7.13) in a research note on Wednesday, January 20th. Finally, Panmure Gordon boosted their target price on SDL plc from GBX 471 ($6.72) to GBX 514 ($7.33) and gave the stock a “buy” rating in a research note on Tuesday, November 24th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of GBX 502.38 ($7.17).

SDL plc (LON:SDL) opened at 459.2500 on Thursday. SDL plc has a 1-year low of GBX 315.00 and a 1-year high of GBX 472.00. The company’s market cap is GBX 371.99 million. The firm’s 50-day moving average price is GBX 430.71 and its 200-day moving average price is GBX 398.97.

SDL PLC is a provider of an integrated cloud solution. The Company’s digital experience includes a set of digital experience accelerators that allow the creation of Web and optimized e-commerce experiences. Its Knowledge center includes the creation of product knowledge views that offer an experience for documentation and self-service support. Customer analytics includes a single view of customer data, including profile, situational data, transactional data and third-party data. Language includes helping global brands in communicating across regions and languages. Its segments include the Language Services segment, which provides translation service for customer’s multilingual content in multiple languages, and the Technology segment, which includes the sale of enterprise, desktop and statistical machine translation technologies, content management campaign management, social media monitoring and marketing analytic technologies together with associated consultancy and other services.

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