Hargreaves Lansdown (LON:HL) Price Target Cut to GBX 1,540 by Analysts at Jefferies Financial Group

Hargreaves Lansdown (LON:HL) had its target price reduced by Jefferies Financial Group from GBX 1,570 ($20.51) to GBX 1,540 ($20.12) in a report issued on Tuesday, ThisIsMoney.Co.Uk reports. They currently have an underperform rating on the stock.

A number of other equities analysts have also weighed in on the company. Shore Capital decreased their target price on Hargreaves Lansdown from GBX 2,000 ($26.13) to GBX 1,850 ($24.17) and set a hold rating for the company in a research report on Thursday, October 10th. Barclays decreased their target price on 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 report on Friday, August 9th. Peel Hunt reissued an add rating and issued a GBX 2,000 ($26.13) target price on shares of Hargreaves Lansdown in a research report on Thursday, October 10th. Liberum Capital raised Hargreaves Lansdown to a buy rating in a research report on Thursday, October 10th. Finally, Deutsche Bank decreased their target price on Hargreaves Lansdown from GBX 1,775 ($23.19) to GBX 1,700 ($22.21) and set a hold rating for the company in a research report on Friday, October 11th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the stock. Hargreaves Lansdown has a consensus rating of Hold and a consensus price target of GBX 1,840.90 ($24.05).

Shares of LON:HL opened at GBX 1,752.50 ($22.90) on Tuesday. Hargreaves Lansdown has a fifty-two week low of GBX 1,624 ($21.22) and a fifty-two week high of GBX 2,447 ($31.97). The business has a 50-day simple moving average of GBX 1,841.96 and a two-hundred day simple moving average of GBX 2,013.10. The firm has a market cap of $8.34 billion and a price-to-earnings ratio of 33.70.

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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