Hargreaves Lansdown PLC (HL) Receives Underweight Rating from JPMorgan Chase & Co.
Hargreaves Lansdown PLC (LON:HL)‘s stock had its “underweight” rating reaffirmed by analysts at JPMorgan Chase & Co. in a research note issued on Friday. They presently have a GBX 1,100 ($13.61) price objective on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential downside of 8.33% from the company’s current price.
Other research analysts have also issued reports about the stock. Numis Securities Ltd reissued an “add” rating on shares of Hargreaves Lansdown PLC in a report on Thursday. Shore Capital raised their target price on shares of Hargreaves Lansdown PLC from GBX 1,420 ($17.57) to GBX 1,500 ($18.56) and gave the company a “buy” rating in a report on Thursday, October 6th. Peel Hunt reissued a “hold” rating and issued a GBX 1,345 ($16.65) target price on shares of Hargreaves Lansdown PLC in a report on Thursday, September 8th. Credit Suisse Group AG reissued a “neutral” rating and issued a GBX 1,040 ($12.87) target price on shares of Hargreaves Lansdown PLC in a report on Tuesday, July 12th. Finally, Barclays PLC reissued an “overweight” rating and issued a GBX 1,500 ($18.56) target price on shares of Hargreaves Lansdown PLC in a report on Wednesday, September 14th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 1,249.87 ($15.47).
Hargreaves Lansdown PLC (LON:HL) opened at 1200.00 on Friday. The firm has a 50-day moving average of GBX 1,303.92 and a 200 day moving average of GBX 1,290.72. Hargreaves Lansdown PLC has a one year low of GBX 1,056.00 and a one year high of GBX 1,533.00. The company’s market capitalization is GBX 5.67 billion.
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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.
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