Shore Capital Reaffirms “Buy” Rating for Hargreaves Lansdown (LON:HL)

Shore Capital reaffirmed their buy rating on shares of Hargreaves Lansdown (LON:HL) in a research note published on Thursday morning, Marketbeat reports.

Other equities analysts have also issued reports about the company. Jefferies Financial Group reissued a buy rating and set a GBX 1,035 ($13.15) price target on shares of Hargreaves Lansdown in a research note on Wednesday, May 1st. Royal Bank of Canada dropped their price target on Hargreaves Lansdown from GBX 850 ($10.80) to GBX 825 ($10.49) and set a sector perform rating for the company in a research note on Monday, February 26th. Barclays increased their price target on Hargreaves Lansdown from GBX 1,210 ($15.38) to GBX 1,250 ($15.89) and gave the company an overweight rating in a research note on Wednesday, May 1st. Finally, Canaccord Genuity Group reissued a buy rating and set a GBX 1,148 ($14.59) price target on shares of Hargreaves Lansdown in a research note on Thursday. One analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of Hold and an average price target of GBX 959 ($12.19).

Hargreaves Lansdown Stock Performance

LON HL opened at GBX 1,090 ($13.85) on Thursday. The firm has a market cap of £5.17 billion, a price-to-earnings ratio of 1,579.71, a price-to-earnings-growth ratio of 4.22 and a beta of 0.56. The company has a quick ratio of 2.04, a current ratio of 2.27 and a debt-to-equity ratio of 1.43. The business has a 50-day moving average price of GBX 783.62 and a 200-day moving average price of GBX 757.06. Hargreaves Lansdown has a twelve month low of GBX 676.40 ($8.60) and a twelve month high of GBX 1,151 ($14.63).

Insider Transactions at Hargreaves Lansdown

In other news, insider Darren Pope bought 3,999 shares of Hargreaves Lansdown stock in a transaction that occurred on Wednesday, February 28th. The stock was bought at an average price of GBX 746 ($9.48) per share, for a total transaction of £29,832.54 ($37,916.29). Insiders own 25.75% of the company’s stock.

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; fund dealing; and cash management services.