J P Morgan Chase & Co Reaffirms Neutral Rating for Hargreaves Lansdown PLC (HL)
J P Morgan Chase & Co restated their neutral rating on shares of Hargreaves Lansdown PLC (LON:HL) in a research report released on Thursday morning, Marketbeat Ratings reports. The brokerage currently has a GBX 1,470 ($19.82) target price on the stock.
A number of other research analysts have also recently issued reports on HL. Numis Securities Ltd reissued an add rating and issued a GBX 1,497 ($20.18) target price on shares of Hargreaves Lansdown PLC in a research note on Tuesday, August 15th. Shore Capital reissued a buy rating on shares of Hargreaves Lansdown PLC in a research note on Tuesday, August 15th. Peel Hunt reissued an add rating and issued a GBX 1,495 ($20.16) target price on shares of Hargreaves Lansdown PLC in a research note on Tuesday, August 15th. Liberum Capital reissued a sell rating and issued a GBX 1,107 ($14.93) target price on shares of Hargreaves Lansdown PLC in a research note on Tuesday, August 15th. Finally, Macquarie reissued an outperform rating and issued a GBX 1,471 ($19.83) target price (up from GBX 1,462 ($19.71)) on shares of Hargreaves Lansdown PLC in a research note on Friday, August 25th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of GBX 1,374.62 ($18.53).
Shares of Hargreaves Lansdown PLC (HL) opened at 1454.00 on Thursday. Hargreaves Lansdown PLC has a 52 week low of GBX 1,122.00 and a 52 week high of GBX 1,454.00. The stock’s market capitalization is GBX 6.88 billion. The company has a 50-day moving average price of GBX 1,372.78 and a 200 day moving average price of GBX 1,351.98.
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The company also recently declared a dividend, which will be paid on Friday, October 20th. Stockholders of record on Thursday, September 28th will be issued a GBX 20.40 ($0.28) dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a dividend yield of 1.51%.
In related news, insider Christopher Hill sold 6,144 shares of the company’s stock in a transaction dated Thursday, August 17th. The stock was sold at an average price of GBX 1,343 ($18.11), for a total transaction of £82,513.92 ($111,249.72).
About Hargreaves Lansdown PLC
Hargreaves Lansdown plc offers a direct to investor investment service. The Company provides execution only, advisory services and third-party investments for individuals and corporates. Its segments are the Vantage division, the Discretionary/Managed division and the Third Party/Other Services division.
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