JPMorgan Chase & Co. Reiterates “Underweight” Rating for Hargreaves Lansdown (HL)
Hargreaves Lansdown (LON:HL)‘s stock had its “underweight” rating reissued by stock analysts at JPMorgan Chase & Co. in a research report issued on Friday.
Other equities analysts have also recently issued research reports about the stock. Numis Securities reaffirmed an “add” rating on shares of Hargreaves Lansdown in a research report on Tuesday, August 7th. Peel Hunt reaffirmed a “hold” rating on shares of Hargreaves Lansdown in a research report on Thursday. Shore Capital reaffirmed a “hold” rating on shares of Hargreaves Lansdown in a research report on Thursday. Barclays raised their price target on shares of Hargreaves Lansdown from GBX 2,100 ($27.44) to GBX 2,200 ($28.75) and gave the company an “overweight” rating in a research report on Wednesday, August 8th. Finally, Citigroup reissued a “sell” rating and issued a GBX 1,450 ($18.95) price target on shares of Hargreaves Lansdown in a research report on Tuesday, September 18th. Five investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. Hargreaves Lansdown presently has an average rating of “Hold” and an average price target of GBX 1,758.30 ($22.98).
LON:HL opened at GBX 1,806.50 ($23.61) on Friday. 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).
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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