Hargreaves Lansdown (HL) PT Raised to GBX 1,755

Hargreaves Lansdown (LON:HL) had its price target upped by Morgan Stanley from GBX 1,295 ($17.89) to GBX 1,755 ($24.25) in a report issued on Thursday. Morgan Stanley currently has an equal weight rating on the stock.

Several other equities research analysts have also recently issued reports on HL. Citigroup reissued a sell rating and issued a GBX 1,410 ($19.48) target price on shares of Hargreaves Lansdown in a research report on Friday, January 26th. Barclays reissued an overweight rating on shares of Hargreaves Lansdown in a research report on Wednesday, January 17th. JPMorgan Chase & Co. raised their target price on shares of Hargreaves Lansdown from GBX 1,500 ($20.72) to GBX 1,700 ($23.49) and gave the stock a neutral rating in a research report on Wednesday, January 10th. Credit Suisse Group cut shares of Hargreaves Lansdown to an underperform rating and raised their target price for the stock from GBX 1,124 ($15.53) to GBX 1,730 ($23.90) in a research report on Wednesday, January 31st. Finally, Shore Capital reissued a buy rating on shares of Hargreaves Lansdown in a research report on Tuesday, February 6th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of GBX 1,530.09 ($21.14).

Hargreaves Lansdown (LON:HL) traded down GBX 16 ($0.22) during trading on Thursday, hitting GBX 1,717 ($23.72). 469,435 shares of the company’s stock traded hands, compared to its average volume of 1,040,000. Hargreaves Lansdown has a one year low of GBX 1,258 ($17.38) and a one year high of GBX 1,935 ($26.73). The firm has a market cap of $8,140.00 and a PE ratio of 3,653.19.

The firm also recently declared a dividend, which will be paid on Friday, March 9th. Investors of record on Thursday, February 15th will be issued a GBX 10.10 ($0.14) dividend. The ex-dividend date of this dividend is Thursday, February 15th. This represents a yield of 0.6%.

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Hargreaves Lansdown 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.

Analyst Recommendations for Hargreaves Lansdown (LON:HL)

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