Hargreaves Lansdown PLC Cut to Add at Numis Securities Ltd (HL)
Hargreaves Lansdown PLC (LON:HL) was downgraded by equities researchers at Numis Securities Ltd to an “add” rating in a research report issued on Wednesday. They currently have a GBX 1,277 ($21.19) price objective on the stock, up from their previous price objective of GBX 1,220 ($20.25). Numis Securities Ltd’s price objective indicates a potential upside of 12.61% from the company’s current price.
Shares of Hargreaves Lansdown PLC (LON:HL) opened at 1082.5801 on Wednesday. Hargreaves Lansdown PLC has a 52 week low of GBX 947.00 and a 52 week high of GBX 1577.00. The stock’s 50-day moving average is GBX 1091. and its 200-day moving average is GBX 1232.. The company’s market cap is £5.092 billion.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “sell” rating on shares of Hargreaves Lansdown PLC in a research note on Wednesday. They now have a GBX 829 ($13.76) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Hargreaves Lansdown PLC in a research note on Tuesday, August 19th. They now have a GBX 1,380 ($22.90) price target on the stock. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 1,313.08 ($21.79).
Hargreaves Lansdown PLC is a provider of investment management products and services to private investors in the United Kingdom.
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