Hargreaves Lansdown PLC Stock Rating Reaffirmed by HSBC (HL)
Hargreaves Lansdown PLC (LON:HL)‘s stock had its “underweight” rating reiterated by equities researchers at HSBC in a research report issued on Tuesday. They currently have a GBX 950 ($16.30) price objective on the stock. HSBC’s price target points to a potential downside of 23.45% from the stock’s previous close.
Hargreaves Lansdown PLC (LON:HL) opened at 1194.00 on Tuesday. Hargreaves Lansdown PLC has a 52 week low of GBX 909.00 and a 52 week high of GBX 1577.00. The stock has a 50-day moving average of GBX 1243. and a 200-day moving average of GBX 1324.. The company’s market cap is £5.616 billion.
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 PLC in a research note on Wednesday, July 2nd. They now have a GBX 1,263 ($21.66) price target on the stock. Separately, analysts at Credit Suisse upgraded shares of Hargreaves Lansdown PLC to an “outperform” rating in a research note on Monday, June 23rd. They now have a GBX 1,540 ($26.42) price target on the stock, up previously from GBX 1,470 ($25.21). Finally, analysts at Barclays reiterated an “overweight” rating on shares of Hargreaves Lansdown PLC in a research note on Friday, June 6th. They now have a GBX 1,550 ($26.59) price target on the stock. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company’s stock. Hargreaves Lansdown PLC currently has a consensus rating of “Hold” and a consensus price target of GBX 1,344.50 ($23.06).
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.