Hargreaves Lansdown (OTCMKTS:HRGLY) Earns Buy Rating from Berenberg Bank


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Berenberg Bank restated their buy rating on shares of Hargreaves Lansdown (OTCMKTS:HRGLY) in a research note issued to investors on Tuesday, The Fly reports.

A number of other research firms have also recently issued reports on HRGLY. Smith Barney Citigroup upgraded shares of Hargreaves Lansdown from a sell rating to a neutral rating in a research note on Thursday, January 7th. Royal Bank of Canada reaffirmed an outperform rating on shares of Hargreaves Lansdown in a report on Tuesday, February 2nd. Canaccord Genuity reaffirmed a hold rating on shares of Hargreaves Lansdown in a report on Friday, January 22nd. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised shares of Hargreaves Lansdown from a sell rating to a neutral rating in a report on Thursday, January 7th. Finally, Barclays reiterated an overweight rating on shares of Hargreaves Lansdown in a research report on Tuesday, February 2nd. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company. Hargreaves Lansdown has an average rating of Hold and a consensus price target of $51.00.

OTCMKTS HRGLY opened at $46.51 on Tuesday. The firm has a 50-day moving average of $44.12 and a 200-day moving average of $42.51. The stock has a market cap of $11.03 billion, a PE ratio of 31.86 and a beta of 1.24. Hargreaves Lansdown has a 52-week low of $35.73 and a 52-week high of $49.10.

The firm also recently announced a Semi-Annual dividend, which was paid on Monday, March 22nd. Investors of record on Friday, February 12th were given a dividend of $1.2962 per share. The ex-dividend date of this dividend was Thursday, February 11th. This represents a yield of 2.64%. Hargreaves Lansdown’s dividend payout ratio is presently 38.36%.

Hargreaves Lansdown Company Profile

Hargreaves Lansdown plc provides investment services for individuals and corporates in the United Kingdom and Poland. It primarily operates Vantage, a direct-to-investor platform. The company offers stocks and shares individual savings accounts (ISAs), fund and share accounts, and junior and lifetime ISAs.

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Analyst Recommendations for Hargreaves Lansdown (OTCMKTS:HRGLY)

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