Hargreaves Lansdown (LON:HL) Receives “Buy” Rating from Shore Capital

Shore Capital restated their buy rating on shares of Hargreaves Lansdown (LON:HL) in a report published on Wednesday morning, Marketbeat reports.

A number of other equities research analysts also recently commented on HL. Barclays raised their target price on Hargreaves Lansdown from GBX 1,210 ($15.37) to GBX 1,250 ($15.88) and gave the company an overweight rating in a report on Wednesday, May 1st. Royal Bank of Canada reduced their target price on Hargreaves Lansdown from GBX 850 ($10.80) to GBX 825 ($10.48) and set a sector perform rating for the company in a report on Monday, February 26th. Jefferies Financial Group downgraded Hargreaves Lansdown to a hold rating and raised their target price for the company from GBX 1,035 ($13.15) to GBX 1,140 ($14.49) in a report on Wednesday. Finally, Canaccord Genuity Group raised their target price on Hargreaves Lansdown from GBX 1,148 ($14.59) to GBX 1,342 ($17.05) and gave the company a buy rating in a report on Monday, June 3rd. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Hargreaves Lansdown currently has an average rating of Hold and an average target price of GBX 1,008.83 ($12.82).

Hargreaves Lansdown Price Performance

Hargreaves Lansdown stock opened at GBX 1,133.50 ($14.40) on Wednesday. Hargreaves Lansdown has a one year low of GBX 676.40 ($8.59) and a one year high of GBX 1,151 ($14.63). The company has a debt-to-equity ratio of 1.43, a quick ratio of 2.04 and a current ratio of 2.27. The business has a fifty day moving average of GBX 924.87 and a two-hundred day moving average of GBX 807.54. The company has a market cap of £5.37 billion, a P/E ratio of 1,642.75, a price-to-earnings-growth ratio of 4.22 and a beta of 0.56.

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.