Hargreaves Lansdown plc (LON:HL) Receives Average Rating of “Hold” from Analysts

Shares of Hargreaves Lansdown plc (LON:HL) have been given a consensus recommendation of “Hold” by the seven brokerages that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 959 ($12.19).

A number of research firms have weighed in on HL. Canaccord Genuity Group reissued a “buy” rating and set a GBX 1,148 ($14.59) price objective on shares of Hargreaves Lansdown in a report on Thursday. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,035 ($13.15) price objective on shares of Hargreaves Lansdown in a research note on Wednesday, May 1st. Shore Capital reissued a “buy” rating on shares of Hargreaves Lansdown in a report on Thursday. Royal Bank of Canada dropped their target price on Hargreaves Lansdown from GBX 850 ($10.80) to GBX 825 ($10.49) and set a “sector perform” rating on the stock in a research report on Monday, February 26th. Finally, Barclays upped their price objective on Hargreaves Lansdown from GBX 1,210 ($15.38) to GBX 1,250 ($15.89) and gave the stock an “overweight” rating in a report on Wednesday, May 1st.

Hargreaves Lansdown Price Performance

Hargreaves Lansdown stock opened at GBX 1,090 ($13.85) on Friday. The company has a current ratio of 2.27, a quick ratio of 2.04 and a debt-to-equity ratio of 1.43. The company has a fifty day simple moving average of GBX 783.62 and a 200-day simple moving average of GBX 756.85. The stock has a market cap of £5.17 billion, a P/E ratio of 1,579.71, a price-to-earnings-growth ratio of 4.22 and a beta of 0.56. Hargreaves Lansdown has a 12-month low of GBX 676.40 ($8.60) and a 12-month high of GBX 1,151 ($14.63).

Insider Buying and Selling at Hargreaves Lansdown

In other Hargreaves Lansdown news, insider Darren Pope bought 3,999 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The stock was purchased at an average price of GBX 746 ($9.48) per share, with a total value of £29,832.54 ($37,916.29). In other news, insider Alison Platt purchased 18,696 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were purchased at an average price of GBX 748 ($9.51) per share, with a total value of £139,846.08 ($177,740.32). Also, insider Darren Pope purchased 3,999 shares of Hargreaves Lansdown stock in a transaction that occurred on Wednesday, February 28th. The stock was acquired at an average cost of GBX 746 ($9.48) per share, with a total value of £29,832.54 ($37,916.29). 25.75% of the stock is owned by company insiders.

About Hargreaves Lansdown

Hargreaves Lansdown plc provides investment services for individuals and corporates in the United Kingdom and Poland. The company offers stocks and shares individual savings accounts (ISAs), fund and share accounts, and junior and lifetime ISAs. It also provides pension services, including self-invested personal pensions (SIPP), junior SIPPs, annuities, and drawdown; share dealing services; fund dealing; and cash management services.