J P Morgan Chase & Co Raises Hargreaves Lansdown PLC (HL) Price Target to GBX 1,500
Hargreaves Lansdown PLC (LON:HL) had its price objective raised by J P Morgan Chase & Co from GBX 1,470 ($19.53) to GBX 1,500 ($19.93) in a research report sent to investors on Friday morning. They currently have a neutral rating on the stock.
Other analysts have also issued reports about the stock. Shore Capital reissued a buy rating on shares of Hargreaves Lansdown PLC in a research report on Tuesday, August 15th. BNP Paribas reissued an underperform rating and set a GBX 1,200 ($15.94) price target on shares of Hargreaves Lansdown PLC in a research report on Tuesday, July 18th. Numis Securities Ltd reissued an add rating and set a GBX 1,486 ($19.74) price target on shares of Hargreaves Lansdown PLC in a research report on Friday, August 4th. Peel Hunt reissued an add rating and set a GBX 1,495 ($19.86) price target on shares of Hargreaves Lansdown PLC in a research report on Tuesday, August 15th. Finally, Liberum Capital reissued a sell rating and set a GBX 1,107 ($14.71) price target on shares of Hargreaves Lansdown PLC in a research report on Tuesday, August 15th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of GBX 1,405.25 ($18.67).
Hargreaves Lansdown PLC (HL) opened at 1541.00 on Friday. Hargreaves Lansdown PLC has a one year low of GBX 1,122.00 and a one year high of GBX 1,549.00. The stock’s market capitalization is GBX 7.30 billion. The firm has a 50-day moving average of GBX 1,441.47 and a 200 day moving average of GBX 1,375.22.
The business also recently disclosed a dividend, which will be paid on Friday, October 20th. Investors of record on Thursday, September 28th will be given a GBX 20.40 ($0.27) dividend. This represents a dividend yield of 1.51%. The ex-dividend date is Thursday, September 28th.
In related news, insider Christopher Hill sold 6,144 shares of the stock in a transaction that occurred on Thursday, August 17th. The shares were sold at an average price of GBX 1,343 ($17.84), for a total value of £82,513.92 ($109,638.48).
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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