Hargreaves Lansdown’s (HL) “Hold” Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Hargreaves Lansdown (LON:HL) in a research report sent to investors on Tuesday.

A number of other brokerages also recently commented on HL. Shore Capital reaffirmed a hold rating on shares of Hargreaves Lansdown in a research note on Tuesday. Jefferies Financial Group downgraded shares of Hargreaves Lansdown to an underweight rating and lifted their target price for the stock from GBX 1,490 ($19.29) to GBX 1,650 ($21.36) in a research note on Monday, July 23rd. Numis Securities raised shares of Hargreaves Lansdown to an add rating and boosted their price target for the company from GBX 1,655 ($21.42) to GBX 2,198 ($28.45) in a research note on Tuesday, July 10th. JPMorgan Chase & Co. reissued an underweight rating on shares of Hargreaves Lansdown in a research note on Tuesday, July 17th. Finally, Barclays reissued an overweight rating on shares of Hargreaves Lansdown in a research note on Wednesday, May 16th. Five equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 1,732.18 ($22.42).

Shares of Hargreaves Lansdown opened at GBX 2,091 ($27.07) on Tuesday, Marketbeat reports. Hargreaves Lansdown has a 12 month low of GBX 1,258 ($16.28) and a 12 month high of GBX 1,935 ($25.05).

The business also recently declared a dividend, which will be paid on Friday, October 19th. Stockholders of record on Thursday, September 27th will be paid a GBX 29.90 ($0.39) dividend. This represents a dividend yield of 1.46%. This is an increase from Hargreaves Lansdown’s previous dividend of $10.10. The ex-dividend date is Thursday, September 27th.

About Hargreaves Lansdown

Hargreaves Lansdown plc provides advisory and third party investment services for individuals and corporates in the United Kingdom. The company operates through three segments: Vantage, Discretionary/Managed, and Third Party/Other Services. Its flagship service is Vantage, a direct-to-investor platform, which enables clients to hold their funds, shares, exchange traded funds (ETFs), bonds, investment trusts, individual savings accounts (ISAs), and self-invested personal pensions (SIPPs).

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Analyst Recommendations for Hargreaves Lansdown (LON:HL)

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