Hargreaves Lansdown plc (LON:HL) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Hargreaves Lansdown plc (LON:HL) have earned a consensus rating of “Hold” from the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 1,048.20 ($13.61).

Several analysts recently commented on HL shares. JPMorgan Chase & Co. increased their price objective on shares of Hargreaves Lansdown from GBX 671 ($8.71) to GBX 684 ($8.88) and gave the company an “underweight” rating in a research report on Monday, July 15th. Shore Capital reissued a “buy” rating on shares of Hargreaves Lansdown in a research report on Friday, August 9th.

Hargreaves Lansdown Stock Up 0.0 %

LON:HL opened at GBX 1,087 ($14.11) on Wednesday. The stock’s fifty day moving average price is GBX 1,098.90. The stock has a market capitalization of £5.15 billion, a PE ratio of 1,753.23, a P/E/G ratio of 4.22 and a beta of 0.66. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.04 and a current ratio of 2.15.

Hargreaves Lansdown Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, November 1st. Stockholders of record on Thursday, October 3rd will be paid a GBX 30 ($0.39) dividend. This represents a dividend yield of 2.78%. The ex-dividend date of this dividend is Thursday, October 3rd. This is a boost from Hargreaves Lansdown’s previous dividend of $13.20. Hargreaves Lansdown’s dividend payout ratio is 6,935.48%.

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.