Hargreaves Lansdown (LON:HL) Given “Buy” Rating at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Hargreaves Lansdown (LON:HL) in a research note issued to investors on Wednesday, MarketBeat reports. They currently have a GBX 1,342 ($17.05) price objective on the stock.

HL has been the subject of a number of other reports. Barclays boosted their price target on Hargreaves Lansdown from GBX 1,210 ($15.37) to GBX 1,250 ($15.88) and gave the company an overweight rating in a research note on Wednesday, May 1st. Jefferies Financial Group lowered shares of Hargreaves Lansdown to a hold rating and boosted their target price for the company from GBX 1,035 ($13.15) to GBX 1,140 ($14.49) in a research report on Wednesday. Shore Capital reiterated a buy rating on shares of Hargreaves Lansdown in a research report on Wednesday. Finally, Royal Bank of Canada cut their price objective on shares of Hargreaves Lansdown from GBX 850 ($10.80) to GBX 825 ($10.48) and set a sector perform rating for the company in a research report on Monday, February 26th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of Hold and a consensus price target of GBX 1,008.83 ($12.82).

Hargreaves Lansdown Stock Up 2.0 %

Shares of Hargreaves Lansdown stock opened at GBX 1,153 ($14.65) on Wednesday. The company has a quick ratio of 2.04, a current ratio of 2.27 and a debt-to-equity ratio of 1.43. Hargreaves Lansdown has a twelve month low of GBX 676.40 ($8.59) and a twelve month high of GBX 1,151 ($14.63). The company has a market cap of £5.46 billion, a price-to-earnings ratio of 1,671.01, a price-to-earnings-growth ratio of 4.22 and a beta of 0.56. The company’s 50 day moving average is GBX 900.79 and its 200 day moving average is GBX 799.18.

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.