Jefferies Financial Group Reaffirms Underperform Rating for Hargreaves Lansdown (LON:HL)

Jefferies Financial Group reiterated their underperform rating on shares of Hargreaves Lansdown (LON:HL) in a research note published on Monday, ThisIsMoney.Co.Uk reports.

HL has been the topic of several other reports. Shore Capital reissued a hold rating on shares of Hargreaves Lansdown in a report on Thursday, August 8th. Peel Hunt raised shares of Hargreaves Lansdown to an add rating and lifted their price objective for the company from GBX 1,750 ($22.87) to GBX 2,000 ($26.13) in a report on Thursday, August 8th. Barclays lowered their target price on shares of Hargreaves Lansdown from GBX 2,320 ($30.31) to GBX 2,115 ($27.64) and set an equal weight rating for the company in a research note on Friday, August 9th. Numis Securities restated a hold rating on shares of Hargreaves Lansdown in a research note on Monday, June 10th. Finally, Deutsche Bank restated a hold rating on shares of Hargreaves Lansdown in a research note on Tuesday, September 3rd. Three investment analysts have rated the stock with a sell rating and six have given a hold rating to the company. Hargreaves Lansdown presently has a consensus rating of Hold and a consensus target price of GBX 1,873.13 ($24.48).

Shares of HL stock opened at GBX 2,008 ($26.24) on Monday. The firm has a market cap of $9.52 billion and a price-to-earnings ratio of 38.62. The company’s 50 day moving average is GBX 1,972.44 and its 200 day moving average is GBX 2,015.40. Hargreaves Lansdown has a 52-week low of GBX 1,624 ($21.22) and a 52-week high of GBX 2,447 ($31.97).

The company also recently announced a dividend, which will be paid on Friday, October 18th. Shareholders of record on Thursday, September 26th will be paid a GBX 31.70 ($0.41) dividend. This represents a yield of 1.63%. This is an increase from Hargreaves Lansdown’s previous dividend of $10.30. The ex-dividend date of this dividend is Thursday, September 26th. Hargreaves Lansdown’s dividend payout ratio (DPR) is 0.65%.

Hargreaves Lansdown Company Profile

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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Analyst Recommendations for Hargreaves Lansdown (LON:HL)

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