A number of other brokerages also recently weighed in on HL. Numis Securities reissued a buy rating on shares of Hargreaves Lansdown in a research note on Tuesday, October 2nd. Jefferies Financial Group downgraded Hargreaves Lansdown to an underweight rating and raised their price objective for the company from GBX 1,490 ($19.47) to GBX 1,650 ($21.56) in a research note on Monday, July 23rd. JPMorgan Chase & Co. reissued an underweight rating on shares of Hargreaves Lansdown in a research note on Tuesday, July 17th. Peel Hunt reissued a hold rating on shares of Hargreaves Lansdown in a research note on Thursday. Finally, Shore Capital reissued a hold rating on shares of Hargreaves Lansdown in a research note on Tuesday, August 7th. Five analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of GBX 1,758.30 ($22.98).
Shares of HL traded down GBX 44 ($0.57) during midday trading on Friday, reaching GBX 1,806.50 ($23.61). 1,997,246 shares of the stock were exchanged, compared to its average volume of 1,070,000. Hargreaves Lansdown has a 12-month low of GBX 1,258 ($16.44) and a 12-month high of GBX 1,935 ($25.28).
Hargreaves Lansdown Company Profile
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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