Hargreaves Lansdown (LON:HL) was downgraded by investment analysts at Shore Capital to a “hold” rating in a research note issued on Wednesday.
Several other analysts also recently commented on HL. JPMorgan Chase & Co. raised their price objective on Hargreaves Lansdown from GBX 1,500 ($20.72) to GBX 1,700 ($23.49) and gave the stock a “neutral” rating in a research note on Wednesday, January 10th. Barclays reaffirmed an “overweight” rating on shares of Hargreaves Lansdown in a research note on Wednesday, January 17th. Citigroup reaffirmed a “sell” rating and set a GBX 1,410 ($19.48) price objective on shares of Hargreaves Lansdown in a research note on Friday, January 26th. Credit Suisse Group downgraded Hargreaves Lansdown to an “underperform” rating and raised their price objective for the stock from GBX 1,124 ($15.53) to GBX 1,730 ($23.90) in a research note on Wednesday, January 31st. Finally, Numis Securities reaffirmed a “hold” rating and set a GBX 1,655 ($22.87) price objective on shares of Hargreaves Lansdown in a research note on Tuesday, February 6th. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 1,507.60 ($20.83).
Shares of Hargreaves Lansdown (HL) opened at GBX 1,672 ($23.10) on Wednesday. The company has a market capitalization of $7,840.00 and a price-to-earnings ratio of 3,557.45. Hargreaves Lansdown has a 12 month low of GBX 1,258 ($17.38) and a 12 month high of GBX 1,935 ($26.73).
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Hargreaves Lansdown Company Profile
Hargreaves Lansdown plc offers a direct to investor investment service. The Company provides execution only, advisory services and third-party investments for individuals and corporates. Its segments are the Vantage division, the Discretionary/Managed division and the Third Party/Other Services division.
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