Hargreaves Lansdown (LON:HL) PT Lowered to GBX 1,725 at Deutsche Bank
Hargreaves Lansdown (LON:HL) had its price objective lowered by Deutsche Bank from GBX 1,800 ($23.68) to GBX 1,725 ($22.69) in a research note released on Monday, Stock Target Advisor reports. Deutsche Bank currently has a hold rating on the stock.
A number of other research firms have also weighed in on HL. Jefferies Financial Group increased their price target on Hargreaves Lansdown from GBX 1,540 ($20.26) to GBX 1,550 ($20.39) and gave the company an underperform rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. decreased their price target on Hargreaves Lansdown from GBX 1,690 ($22.23) to GBX 1,620 ($21.31) and set an underweight rating for the company in a research report on Monday, February 3rd. Berenberg Bank decreased their price target on Hargreaves Lansdown from GBX 1,928 ($25.36) to GBX 1,820 ($23.94) and set a hold rating for the company in a research report on Thursday, February 6th. Shore Capital reiterated a hold rating on shares of Hargreaves Lansdown in a research report on Friday, January 31st. Finally, Peel Hunt reiterated an add rating on shares of Hargreaves Lansdown in a research report on Friday, February 7th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average target price of GBX 1,855.82 ($24.41).
LON:HL opened at GBX 1,681 ($22.11) on Monday. The company has a quick ratio of 1.64, a current ratio of 1.68 and a debt-to-equity ratio of 4.95. Hargreaves Lansdown has a 1-year low of GBX 1,590 ($20.92) and a 1-year high of GBX 2,447 ($32.19). The firm has a market capitalization of $7.94 billion and a price-to-earnings ratio of 30.45. The stock has a fifty day simple moving average of GBX 1,817.92 and a 200 day simple moving average of GBX 1,877.30.
About Hargreaves Lansdown
Hargreaves Lansdown plc provides direct-to-investor investment services for individuals and corporates in the United Kingdom and Poland. Its flagship service is Vantage, a direct-to-investor platform. The company offers stocks and shares individual savings accounts (ISAs), fund and share accounts, self-invested personal pensions (SIPPs), and lifetime ISAs.
Featured Story: Closed-End Mutual Funds
Receive News & Ratings for Hargreaves Lansdown Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hargreaves Lansdown and related companies with MarketBeat.com's FREE daily email newsletter.