Hargreaves Lansdown Upgraded to “Neutral” by Credit Suisse (HL)
Hargreaves Lansdown (LON:HL) was upgraded by Credit Suisse to a “neutral” rating in a research note issued on Monday, Analyst Ratings News reports. The firm currently has a GBX 1,470 ($24.13) price objective on the stock, up from their previous price objective of GBX 790 ($12.97). Credit Suisse’s price target would suggest a potential upside of 1.17% from the company’s current price.
Hargreaves Lansdown (LON:HL) opened at 1482.125 on Monday. Hargreaves Lansdown has a one year low of GBX 683.687 and a one year high of GBX 1544.00. The stock’s 50-day moving average is GBX 1338. and its 200-day moving average is GBX 1119.. The company’s market cap is £6.942 billion.
A number of other analysts have also recently weighed in on HL. Analysts at Barclays reiterated an “overweight” rating on shares of Hargreaves Lansdown in a research note to investors on Friday. They now have a GBX 1,700 ($27.91) price target on the stock. Separately, 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 ($23.23) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Hargreaves Lansdown in a research note to investors on Wednesday, January 15th. They now have a GBX 1,230 ($20.19) price target on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 1,325.38 ($21.76).
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.