JPMorgan Chase & Co. Raises Hargreaves Lansdown (HL) Price Target to GBX 1,700

Hargreaves Lansdown (LON:HL) had its price objective increased by JPMorgan Chase & Co. from GBX 1,500 ($20.34) to GBX 1,700 ($23.05) in a research note issued to investors on Wednesday morning. They currently have a neutral rating on the stock.

Other equities research analysts have also issued reports about the stock. Jefferies Group boosted their target price on shares of Hargreaves Lansdown from GBX 1,395 ($18.92) to GBX 1,490 ($20.21) and gave the company a hold rating in a research note on Thursday, October 12th. Barclays reiterated an overweight rating on shares of Hargreaves Lansdown in a research note on Thursday, October 12th. Shore Capital reiterated a buy rating on shares of Hargreaves Lansdown in a research note on Wednesday, October 11th. Numis Securities reiterated an add rating and set a GBX 1,497 ($20.30) target price on shares of Hargreaves Lansdown in a research note on Wednesday, October 11th. Finally, Liberum Capital reissued a sell rating and set a GBX 1,170 ($15.87) price objective on shares of Hargreaves Lansdown in a research report on Wednesday, October 11th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of GBX 1,421.92 ($19.28).

Shares of Hargreaves Lansdown (LON:HL) traded up GBX 8.50 ($0.12) on Wednesday, reaching GBX 1,813.50 ($24.59). 758,075 shares of the company’s stock were exchanged, compared to its average volume of 808,985. The stock has a market cap of $8,600.00 and a price-to-earnings ratio of 4,030.00. Hargreaves Lansdown has a 1-year low of GBX 1,256.13 ($17.03) and a 1-year high of GBX 1,828.50 ($24.80).

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About Hargreaves Lansdown

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.

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