Hargreaves Lansdown PLC (HL) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Hargreaves Lansdown PLC (LON:HL) have been assigned an average rating of “Hold” from the eleven ratings firms that are presently covering the firm, MarketBeat reports. Five analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is GBX 1,609.17 ($21.03).

HL has been the subject of several recent research reports. Numis Securities reissued a “buy” rating on shares of Hargreaves Lansdown in a research report on Tuesday, October 2nd. Jefferies Financial Group downgraded shares of Hargreaves Lansdown to an “underweight” rating and increased their price target for the company from GBX 1,490 ($19.47) to GBX 1,650 ($21.56) in a report on Monday, July 23rd. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Hargreaves Lansdown in a report on Tuesday, July 17th. Peel Hunt reissued a “hold” rating on shares of Hargreaves Lansdown in a report on Thursday, October 11th. Finally, Shore Capital reissued a “hold” rating on shares of Hargreaves Lansdown in a report on Tuesday, August 7th.

Hargreaves Lansdown stock traded down GBX 32.50 ($0.42) during trading hours on Friday, hitting GBX 1,799.50 ($23.51). The company had a trading volume of 654,979 shares, compared to its average volume of 1,070,000. Hargreaves Lansdown has a fifty-two week low of GBX 1,258 ($16.44) and a fifty-two week high of GBX 1,935 ($25.28).

The business also recently disclosed a dividend, which will be paid on Friday, October 19th. Shareholders of record on Thursday, September 27th will be given a GBX 29.90 ($0.39) dividend. This represents a yield of 1.46%. The ex-dividend date of this dividend is Thursday, September 27th. This is a boost from Hargreaves Lansdown’s previous dividend of $10.10.

About Hargreaves Lansdown

Hargreaves Lansdown plc provides advisory and third party investment services for individuals and corporates in the United Kingdom. The company operates through three segments: Vantage, Discretionary/Managed, and Third Party/Other Services. Its flagship service is Vantage, a direct-to-investor platform, which enables clients to hold their funds, shares, exchange traded funds (ETFs), bonds, investment trusts, individual savings accounts (ISAs), and self-invested personal pensions (SIPPs).

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Analyst Recommendations for Hargreaves Lansdown (LON:HL)

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