Hargreaves Lansdown PLC (HL) Given Average Recommendation of “Hold” by Brokerages
Shares of Hargreaves Lansdown PLC (LON:HL) have earned an average recommendation of “Hold” from the thirteen ratings firms that are currently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 1,383 ($18.25).
Several research analysts have recently issued reports on HL shares. Jefferies Group LLC raised their target price on shares of Hargreaves Lansdown PLC from GBX 1,380 ($18.21) to GBX 1,395 ($18.41) and gave the company a “hold” rating in a research note on Tuesday, July 11th. BNP Paribas reaffirmed an “underperform” rating and issued a GBX 1,200 ($15.84) target price on shares of Hargreaves Lansdown PLC in a research note on Tuesday, July 18th. Macquarie reaffirmed an “outperform” rating and issued a GBX 1,471 ($19.41) target price (up previously from GBX 1,462 ($19.29)) on shares of Hargreaves Lansdown PLC in a research note on Friday, August 25th. Barclays PLC reaffirmed an “overweight” rating on shares of Hargreaves Lansdown PLC in a research note on Thursday, October 12th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 1,470 ($19.40) target price on shares of Hargreaves Lansdown PLC in a research note on Monday, September 11th.
Shares of Hargreaves Lansdown PLC (LON HL) opened at 1554.00 on Friday. The company has a 50 day moving average of GBX 1,479.49 and a 200-day moving average of GBX 1,388.64. Hargreaves Lansdown PLC has a 12-month low of GBX 1,122.00 and a 12-month high of GBX 1,568.00. The company’s market capitalization is GBX 7.36 billion.
The firm also recently disclosed a dividend, which was paid on Friday, October 20th. Stockholders of record on Thursday, September 28th were issued a GBX 20.40 ($0.27) dividend. The ex-dividend date was Thursday, September 28th. This represents a dividend yield of 1.51%.
In other news, insider Christopher Hill sold 6,144 shares of Hargreaves Lansdown PLC stock in a transaction that occurred on Thursday, August 17th. The shares were sold at an average price of GBX 1,343 ($17.72), for a total value of £82,513.92 ($108,886.14).
ILLEGAL ACTIVITY WARNING: “Hargreaves Lansdown PLC (HL) Given Average Recommendation of “Hold” by Brokerages” was first posted by American Banking News and is owned by of American Banking News. If you are reading this story on another publication, it was copied illegally and reposted in violation of international trademark & copyright law. The legal version of this story can be accessed at https://www.americanbankingnews.com/2017/10/29/hargreaves-lansdown-plc-hl-given-average-recommendation-of-hold-by-brokerages-2.html.
Hargreaves Lansdown PLC Company Profile
Hargreaves Lansdown plc offers a direct to investor investment service. The Company provides execution only, advisory services and third-party investments for individuals and corporates. Its segments are the Vantage division, the Discretionary/Managed 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.