Hargreaves Lansdown plc (LON:HL) Receives GBX 1,048.20 Average Price Target from Analysts

Shares of Hargreaves Lansdown plc (LON:HL) have received an average recommendation of “Hold” from the six research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is GBX 1,048.20 ($13.61).

A number of analysts recently commented on the stock. JPMorgan Chase & Co. upped their price objective on shares of Hargreaves Lansdown from GBX 671 ($8.71) to GBX 684 ($8.88) and gave the company an “underweight” rating in a research report on Monday, July 15th. Shore Capital reiterated a “buy” rating on shares of Hargreaves Lansdown in a report on Friday, August 9th.

Hargreaves Lansdown Stock Down 0.1 %

HL opened at GBX 1,086.50 ($14.11) on Wednesday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.04 and a current ratio of 2.15. The company has a 50 day moving average price of GBX 1,099.05 and a two-hundred day moving average price of GBX 1,018.26. The company has a market cap of £5.15 billion, a PE ratio of 1,752.42, a P/E/G ratio of 4.22 and a beta of 0.66.

Hargreaves Lansdown Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, November 1st. Shareholders of record on Thursday, October 3rd will be issued a dividend of GBX 30 ($0.39) per share. This represents a yield of 2.78%. The ex-dividend date of this dividend is Thursday, October 3rd. This is a boost from Hargreaves Lansdown’s previous dividend of $13.20. Hargreaves Lansdown’s dividend payout ratio is 6,935.48%.

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.