Hargreaves Lansdown plc (LON:HL) Receives Consensus Rating of “Hold” from Brokerages

Hargreaves Lansdown plc (LON:HL – Get Rating) has earned a consensus rating of “Hold” from the eleven brokerages that are covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is GBX 1,496.13 ($18.69).

A number of equities analysts recently weighed in on HL shares. Morgan Stanley reissued an “underweight” rating on shares of Hargreaves Lansdown in a research note on Friday, March 25th. Berenberg Bank reissued a “hold” rating and issued a GBX 1,250 ($15.62) price target on shares of Hargreaves Lansdown in a research note on Wednesday, March 23rd. Barclays dropped their price target on Hargreaves Lansdown from GBX 1,840 ($22.99) to GBX 1,765 ($22.05) and set an “overweight” rating on the stock in a research note on Monday, March 21st. Deutsche Bank Aktiengesellschaft decreased their price objective on Hargreaves Lansdown from GBX 1,530 ($19.11) to GBX 1,250 ($15.62) and set a “hold” rating for the company in a research report on Thursday, March 24th. Finally, JPMorgan Chase & Co. restated an “underweight” rating and set a GBX 1,205 ($15.05) price objective on shares of Hargreaves Lansdown in a research report on Thursday, March 31st.

In other news, insider Amy Stirling purchased 2,278 shares of Hargreaves Lansdown stock in a transaction dated Tuesday, February 22nd. The stock was acquired at an average cost of GBX 1,091 ($13.63) per share, for a total transaction of £24,852.98 ($31,046.82).

Shares of HL opened at GBX 885.20 ($11.06) on Friday. The business has a 50-day moving average of GBX 1,011.40. The stock has a market cap of £4.20 billion and a PE ratio of 15.78. Hargreaves Lansdown has a 1-year low of GBX 935.50 ($11.69) and a 1-year high of GBX 1,778 ($22.21). The company has a debt-to-equity ratio of 3.44, a current ratio of 1.88 and a quick ratio of 1.86.

The company also recently declared a dividend, which was paid on Friday, April 1st. Stockholders of record on Thursday, March 3rd were issued a dividend of GBX 12.26 ($0.15) per share. The ex-dividend date was Thursday, March 3rd. This represents a dividend yield of 0.94%. Hargreaves Lansdown’s dividend payout ratio is 69.52%.

Hargreaves Lansdown Company Profile (Get Rating)

Hargreaves Lansdown plc provides investment services for individuals and corporates in the United Kingdom and Poland. It primarily operates Vantage, a direct-to-investor platform. The company offers stocks and shares individual savings accounts (ISAs), fund and share accounts, and junior and lifetime ISAs.

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