Hargreaves Lansdown (LON:HL) PT Lowered to GBX 616

Hargreaves Lansdown (LON:HL) had its price target lowered by equities research analysts at JPMorgan Chase & Co. from GBX 711 ($8.73) to GBX 616 ($7.56) in a research note issued to investors on Thursday, MarketBeat Ratings reports. The firm currently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential downside of 13.24% from the stock’s current price.

Separately, Shore Capital reiterated a “buy” rating on shares of Hargreaves Lansdown in a research report on Thursday, October 19th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, Hargreaves Lansdown presently has an average rating of “Hold” and an average target price of GBX 1,055 ($12.96).

Hargreaves Lansdown Stock Up 2.2 %

Shares of LON HL opened at GBX 725.60 ($8.91) on Thursday. The company has a market cap of £3.44 billion, a price-to-earnings ratio of 1,044.12, a PEG ratio of 4.22 and a beta of 0.58. Hargreaves Lansdown has a 12 month low of GBX 676.40 ($8.31) and a 12 month high of GBX 1,023.50 ($12.57). The stock has a 50-day moving average price of GBX 747.57 and a two-hundred day moving average price of GBX 786.46. The company has a current ratio of 2.15, a quick ratio of 2.04 and a debt-to-equity ratio of 1.72.

About Hargreaves Lansdown

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; fund dealing; and cash management services.