Jefferies Financial Group Downgrades Hargreaves Lansdown (LON:HL) to Hold

Jefferies Financial Group lowered shares of Hargreaves Lansdown (LON:HL) to a hold rating in a research report report published on Wednesday, Marketbeat.com reports. The firm currently has GBX 1,140 ($14.49) price target on the stock, up from their previous price target of GBX 1,035 ($13.15).

A number of other equities analysts also recently weighed in on the company. Canaccord Genuity Group boosted their target price on Hargreaves Lansdown from GBX 1,148 ($14.59) to GBX 1,342 ($17.05) and gave the stock a buy rating in a research note on Monday, June 3rd. Royal Bank of Canada reduced their price objective on Hargreaves Lansdown from GBX 850 ($10.80) to GBX 825 ($10.48) and set a sector perform rating for the company in a research note on Monday, February 26th. Shore Capital reiterated a buy rating on shares of Hargreaves Lansdown in a research note on Thursday, May 23rd. Finally, Barclays increased their price target on shares of Hargreaves Lansdown from GBX 1,210 ($15.37) to GBX 1,250 ($15.88) and gave the company an overweight rating in a research report on Wednesday, May 1st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Hargreaves Lansdown presently has an average rating of Hold and an average target price of GBX 1,008.83 ($12.82).

Hargreaves Lansdown Stock Up 2.0 %

Hargreaves Lansdown stock opened at GBX 1,153 ($14.65) on Wednesday. Hargreaves Lansdown has a fifty-two week low of GBX 676.40 ($8.59) and a fifty-two week high of GBX 1,151 ($14.63). The company has a debt-to-equity ratio of 1.43, a quick ratio of 2.04 and a current ratio of 2.27. The firm’s 50-day simple moving average is GBX 900.79 and its 200 day simple moving average is GBX 799.18. The stock has a market cap of £5.46 billion, a PE ratio of 1,671.01, a price-to-earnings-growth ratio of 4.22 and a beta of 0.56.

Hargreaves Lansdown Company Profile

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.