Hargreaves Lansdown (HL) Given New GBX 2,000 Price Target at Shore Capital

Hargreaves Lansdown (LON:HL) had its price target boosted by equities researchers at Shore Capital from GBX 1,780 ($23.26) to GBX 2,000 ($26.13) in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports. The brokerage currently has a “hold” rating on the stock. Shore Capital’s price target points to a potential downside of 17.80% from the company’s current price.

Several other analysts also recently weighed in on HL. Morgan Stanley restated an “underweight” rating on shares of Hargreaves Lansdown in a research note on Thursday, January 17th. JPMorgan Chase & Co. decreased their target price on Hargreaves Lansdown from GBX 1,680 ($21.95) to GBX 1,675 ($21.89) and set an “underweight” rating for the company in a research note on Monday, January 21st. Peel Hunt restated a “hold” rating on shares of Hargreaves Lansdown in a research note on Tuesday, January 29th. Deutsche Bank restated a “sell” rating on shares of Hargreaves Lansdown in a research note on Wednesday, January 30th. Finally, Barclays restated an “overweight” rating and set a GBX 2,014 ($26.32) target price (down previously from GBX 2,050 ($26.79)) on shares of Hargreaves Lansdown in a research note on Wednesday, January 30th. Four equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. Hargreaves Lansdown currently has a consensus rating of “Hold” and an average target price of GBX 1,809.44 ($23.64).

Shares of LON:HL opened at GBX 2,433 ($31.79) on Friday. Hargreaves Lansdown has a twelve month low of GBX 1,624 ($21.22) and a twelve month high of GBX 2,344 ($30.63). The company has a market cap of $11.53 billion and a P/E ratio of 47.99.

In other Hargreaves Lansdown news, insider Christopher Hill sold 17,346 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of GBX 1,779 ($23.25), for a total value of £308,585.34 ($403,221.40).

Hargreaves Lansdown Company Profile

Hargreaves Lansdown plc provides direct-to-investor investment services for individuals and corporates in the United Kingdom and Poland. Its flagship service is Vantage, a direct-to-investor platform. The company offers stocks and shares individual savings accounts (ISAs), fund and share accounts, self-invested personal pensions (SIPPs), and lifetime ISAs.

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Analyst Recommendations for Hargreaves Lansdown (LON:HL)

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