BNP Paribas Raises Hargreaves Lansdown PLC (HL) Price Target to GBX 1,110
Hargreaves Lansdown PLC (LON:HL) had its price objective boosted by equities researchers at BNP Paribas from GBX 1,050 ($13.00) to GBX 1,110 ($13.74) in a report released on Tuesday. The brokerage presently has an “underperform” rating on the stock. BNP Paribas’ price objective would suggest a potential downside of 12.04% from the company’s previous close.
Other equities research analysts have also issued reports about the company. Barclays PLC restated an “overweight” rating and set a GBX 1,340 ($16.58) price target on shares of Hargreaves Lansdown PLC in a research note on Thursday, July 21st. Citigroup Inc. reiterated a “sell” rating on shares of Hargreaves Lansdown PLC in a research note on Thursday, September 1st. Shore Capital increased their target price on Hargreaves Lansdown PLC from GBX 1,420 ($17.57) to GBX 1,500 ($18.56) and gave the company a “buy” rating in a research note on Thursday, October 6th. Liberum Capital reiterated a “sell” rating and issued a GBX 1,176 ($14.55) target price on shares of Hargreaves Lansdown PLC in a research note on Tuesday, September 27th. Finally, Numis Securities Ltd reiterated a “hold” rating and issued a GBX 1,396 ($17.28) target price on shares of Hargreaves Lansdown PLC in a research note on Wednesday, October 5th. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 1,267.40 ($15.69).
Hargreaves Lansdown PLC (LON:HL) opened at 1263.00 on Tuesday. Hargreaves Lansdown PLC has a 52-week low of GBX 1,056.00 and a 52-week high of GBX 1,533.00. The firm’s market cap is GBX 5.97 billion. The firm’s 50-day moving average price is GBX 1,311.50 and its 200 day moving average price is GBX 1,291.94.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/11/bnp-paribas-raises-hargreaves-lansdown-plc-hl-price-target-to-gbx-1110.html
Hargreaves Lansdown PLC Company Profile
Hargreaves Lansdown Plc is a financial service provider and asset management company. The Company offers a range of services, including self-select individual savings accounts (ISAs), funds, shares, self-invested personal pension (SIPPs) and group SIPPs. It operates in three business segments: the Vantage division, the Discretionary division and the Third Party/Other Services division.
Receive News & Ratings for Hargreaves Lansdown PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hargreaves Lansdown PLC and related companies with MarketBeat.com's FREE daily email newsletter.