Hargreaves Lansdown Given “Overweight” Rating at JPMorgan Chase & Co. (HL)
Hargreaves Lansdown (LON:HL)‘s stock had its “overweight” rating reiterated by stock analysts at JPMorgan Chase & Co. in a report issued on Thursday, American Banking & Market News reports. They currently have a GBX 1,415 ($23.32) target price on the stock. JPMorgan Chase & Co.’s price target points to a potential downside of 4.13% from the stock’s previous close.
A number of other firms have also recently commented on HL. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Hargreaves Lansdown in a research note to investors on Wednesday. They now have a GBX 1,230 ($20.27) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Hargreaves Lansdown in a research note to investors on Wednesday. Finally, analysts at Morgan Stanley upgraded shares of Hargreaves Lansdown to an “overweight” rating in a research note to investors on Tuesday. They now have a GBX 1,670 ($27.52) price target on the stock, up previously from GBX 1,113 ($18.34). Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company’s stock. Hargreaves Lansdown presently has a consensus rating of “Hold” and an average target price of GBX 1,284.71 ($21.17).
Hargreaves Lansdown (LON:HL) traded up 2.07% on Thursday, hitting GBX 1476.00. The stock had a trading volume of 833,641 shares. Hargreaves Lansdown has a 1-year low of GBX 683.687 and a 1-year high of GBX 1544.00. The stock has a 50-day moving average of GBX 1331.18 and a 200-day moving average of GBX 1117.. The company’s market cap is £6.913 billion.
Hargreaves Lansdown PLC is a provider of investment management products and services to private investors in the United Kingdom.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.