Hargreaves Lansdown Receives Overweight Rating from Barclays (HL)
Hargreaves Lansdown (LON:HL)‘s stock had its “overweight” rating restated by stock analysts at Barclays in a report issued on Friday, AnalystRatingsNetwork.com reports. They currently have a GBX 1,700 ($28.02) price objective on the stock. Barclays’ target price suggests a potential upside of 15.18% from the company’s current price.
Hargreaves Lansdown (LON:HL) opened at 1478.00 on Friday. Hargreaves Lansdown has a 52-week low of GBX 683.687 and a 52-week high of GBX 1544.00. The stock’s 50-day moving average is GBX 1331.18 and its 200-day moving average is GBX 1117.. The company’s market cap is £6.923 billion.
A number of other firms have also recently commented on HL. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Hargreaves Lansdown in a research note to investors on Thursday. They now have a GBX 1,415 ($23.32) price target on the stock. Separately, 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. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Hargreaves Lansdown in a research note to investors on Wednesday. Two analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 1,304.71 ($21.50).
Hargreaves Lansdown PLC is a provider of investment management products and services to private investors in the United Kingdom.
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