Hargreaves Lansdown Receives Overweight Rating from Barclays (HL)
Hargreaves Lansdown (LON:HL)‘s stock had its “overweight” rating restated by Barclays in a research note issued on Thursday, ARN reports. They currently have a GBX 1,650 ($27.12) price objective on the stock. Barclays’ price target indicates a potential upside of 20.35% from the company’s current price.
A number of other firms have also recently commented on HL. Analysts at Jefferies Group downgraded shares of Hargreaves Lansdown to a “hold” rating in a research note to investors on Thursday. They now have a GBX 1,250 ($20.54) price target on the stock, up previously from GBX 1,150 ($18.90). 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 JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Hargreaves Lansdown in a research note to investors on Wednesday. They now have a GBX 1,656 ($27.21) price target on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 1,361.75 ($22.38).
Shares of Hargreaves Lansdown (LON:HL) traded up 1.93% during mid-day trading on Thursday, hitting GBX 1371.00. 1,834,695 shares of the company’s stock traded hands. Hargreaves Lansdown has a 52 week low of GBX 756.00 and a 52 week high of GBX 1577.00. The stock’s 50-day moving average is GBX 1429. and its 200-day moving average is GBX 1170.. The company’s market cap is £6.422 billion.
Hargreaves Lansdown PLC is a provider of investment management products and services to private investors in the United Kingdom.
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