Canaccord Genuity Reaffirms “Buy” Rating for SDL (LON:SDL)
Canaccord Genuity restated their buy rating on shares of SDL (LON:SDL) in a research note released on Monday, Digital Look reports. Canaccord Genuity currently has a GBX 775 ($10.13) price target on the stock.
Several other research firms also recently weighed in on SDL. Peel Hunt reissued a buy rating on shares of SDL in a research report on Wednesday, August 7th. Numis Securities reissued an add rating on shares of SDL in a research report on Monday, June 3rd.
SDL stock opened at GBX 481 ($6.29) on Monday. The company has a debt-to-equity ratio of 13.10, a quick ratio of 1.21 and a current ratio of 1.22. The stock has a fifty day moving average of GBX 485.72 and a two-hundred day moving average of GBX 518.71. The company has a market capitalization of $443.59 million and a price-to-earnings ratio of 25.72. SDL has a fifty-two week low of GBX 430 ($5.62) and a fifty-two week high of GBX 600 ($7.84).
SDL plc provides content management and language translation services. It operates through Language Services, Language Technologies, and Global Content Technologies segments. The company offers translation services; enterprise, desktop, and statistical machine translation technologies; and content and knowledge management technologies.
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