Shares of Hargreaves Lansdown plc (LON:HL – Get Rating) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 850.97 ($10.38) and traded as high as GBX 934.60 ($11.40). Hargreaves Lansdown shares last traded at GBX 921.60 ($11.25), with a volume of 739,075 shares trading hands.
Analyst Upgrades and Downgrades
HL has been the subject of several analyst reports. Shore Capital reaffirmed a “hold” rating on shares of Hargreaves Lansdown in a research note on Monday, October 17th. Royal Bank of Canada lowered their target price on shares of Hargreaves Lansdown from GBX 1,650 ($20.13) to GBX 1,050 ($12.81) and set a “sector perform” rating for the company in a research note on Thursday, November 17th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 940 ($11.47) target price on shares of Hargreaves Lansdown in a research note on Tuesday, October 18th. JPMorgan Chase & Co. lifted their target price on shares of Hargreaves Lansdown from GBX 770 ($9.40) to GBX 780 ($9.52) and gave the stock an “underweight” rating in a research note on Monday, October 10th. Finally, Berenberg Bank lifted their target price on shares of Hargreaves Lansdown to GBX 925 ($11.29) and gave the stock a “hold” rating in a research note on Tuesday, October 18th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, Hargreaves Lansdown currently has a consensus rating of “Hold” and an average price target of GBX 986.67 ($12.04).
Hargreaves Lansdown Price Performance
The company has a debt-to-equity ratio of 2.86, a current ratio of 2.08 and a quick ratio of 2.04. The firm has a market capitalization of £4.41 billion and a price-to-earnings ratio of 2,003.48. The business’s fifty day simple moving average is GBX 866.10 and its 200 day simple moving average is GBX 850.97.
Hargreaves Lansdown Company Profile
Hargreaves Lansdown plc provides investment services for individuals and corporates in the United Kingdom and Poland. The company offers stocks and shares individual savings accounts (ISAs), fund and share accounts, and junior and lifetime ISAs. It also provides pension services, including self-invested personal pensions (SIPP), junior SIPPs, annuities, and drawdown; share dealing services; and fund dealing services.
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