HARGREAVES LANS/ADR (HRGLY) Downgraded to Sell at Zacks Investment Research

Zacks Investment Research cut shares of HARGREAVES LANS/ADR (OTCMKTS:HRGLY) from a hold rating to a sell rating in a report released on Friday morning.

According to Zacks, “Hargreaves Lansdown PLC provides advisory and third party investment services for individuals and corporates primarily in the United Kingdom. The Company offers stock brokerage, pension fund management, financial planning, and asset and wealth management services. Hargreaves Lansdown PLC is based in Bristol, the United Kingdom. “

Several other equities analysts have also recently issued reports on the stock. ValuEngine cut shares of HARGREAVES LANS/ADR from a buy rating to a hold rating in a research note on Tuesday, September 4th. Jefferies Financial Group cut shares of HARGREAVES LANS/ADR from a hold rating to an underperform rating in a research note on Monday, July 23rd.

OTCMKTS HRGLY traded down $1.27 on Friday, hitting $48.16. 18,383 shares of the company’s stock traded hands, compared to its average volume of 660. HARGREAVES LANS/ADR has a 1-year low of $41.18 and a 1-year high of $61.29. The stock has a market cap of $14.06 billion, a price-to-earnings ratio of 35.94, a PEG ratio of 2.95 and a beta of 1.33.

About HARGREAVES LANS/ADR

Hargreaves Lansdown plc provides direct-to-investor investment services for individuals and corporates in the United Kingdom and Poland. Its flagship service is Vantage, a direct-to-investor platform. The company offers stocks and shares individual savings accounts (ISAs), fund and share accounts, self-invested personal pensions (SIPPs), and lifetime ISAs.

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