Hargreaves Lansdown PLC (LON:HL) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as low as $1,903.50. Hargreaves Lansdown shares last traded at $1,903.50, with a volume of 1,182,546 shares trading hands.
Several equities analysts recently weighed in on the company. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a GBX 1,630 ($21.30) price objective (up from GBX 1,575 ($20.58)) on shares of Hargreaves Lansdown in a research note on Monday, May 13th. Jefferies Financial Group dropped their price target on Hargreaves Lansdown from GBX 1,650 ($21.56) to GBX 1,541 ($20.14) and set an “underperform” rating for the company in a research report on Tuesday, April 9th. Numis Securities reissued a “hold” rating on shares of Hargreaves Lansdown in a research report on Monday, June 10th. Peel Hunt reissued a “hold” rating on shares of Hargreaves Lansdown in a research report on Monday, July 29th. Finally, Shore Capital raised their price target on Hargreaves Lansdown from GBX 1,780 ($23.26) to GBX 2,000 ($26.13) and gave the stock a “hold” rating in a research report on Friday, May 17th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. Hargreaves Lansdown currently has a consensus rating of “Hold” and a consensus price target of GBX 1,840 ($24.04).
The stock has a 50-day simple moving average of GBX 1,998.51. The company has a market capitalization of $9.03 billion and a P/E ratio of 37.54.
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.
Further Reading: Certificate of Deposit (CD)
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