Hargreaves Lansdown PLC (LON:HL) Rating Reconfirmed
Hargreaves Lansdown Plc (LON:HL) had its stock rating noted as “Underweight” by analysts at JP Morgan Cazenove. JP Morgan Cazenove currently has a GBX 1150.00 price target on the 6.31B GBP market cap company or Infinity upside potential. This was revealed to clients and investors in an analyst report on 1 April.
LON:HL is currently trading -1.00% lower at GBX 1330.54 as of 18:53 London time. Hargreaves Lansdown PLC’s stock is up 9.34% in the last 200 days. It has outperformed the S&P 500, which has decreased -1.12% in the same time.
According to data compiled by Thomson Reuters, Hargreaves Lansdown PLC (LON:HL)’s stock is covered by 14 equity analysts across the Street, with 5 analysts giving it a Sell rating, 2 a Buy rating, while 9 consider it a Hold. The 12-month consensus target price for the stock is GBX 1224.21, which reflects an downside potential of 7.99% over the current price.
LON:HL Price Chart & Trend
The stock price of Hargreaves Lansdown PLC has increased 9.34% over the last 200 days, and is in weak up trend. In the last 50 and 100 days, Hargreaves Lansdown PLC is up 4.61% and down 6.88%, respectively. Our stocks momentum model is shown on the price chart below.
Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models
Hargreaves Lansdown PLC (LON:HL) Profile
Hargreaves Lansdown Plc is a financial service provider and asset management company. The Company offers a range of services, including self-select individual savings accounts (ISAs), funds, shares, self-invested personal pension (SIPPs) and group SIPPs. It operates in three business segments: the Vantage division, the Discretionary division and the Third Party/Other Services division.
Hargreaves Lansdown PLC (LON:HL) traded down -1.00% on 1 April, hitting GBX 1330.54. A total of 859,121 shares of the company’s stock traded hands. This is up from average of 555,041 shares. Hargreaves Lansdown PLC has a 52 week low of GBX 1024.00 and a 52 week high of GBX 1533. The company has a market cap of 6.31 billion GBX and a P/E ratio of 38.57.
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The post JP Morgan Cazenove Analyst Reaffirmed GBX 1150.00 Price Target on Hargreaves Lansdown PLC (LON:HL) stock, While Reiterating “Underweight” Rating appeared first on Octafinance.