Hargreaves Lansdown (HL) PT Lowered to GBX 1,690

Hargreaves Lansdown (LON:HL) had its price target lowered by stock analysts at JPMorgan Chase from GBX 1,700 ($23.06) to GBX 1,690 ($22.92) in a report released on Wednesday. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase’s target price would suggest a potential downside of 13.73% from the company’s current price.

Several other analysts also recently commented on HL. Barclays reiterated an “overweight” rating on shares of Hargreaves Lansdown in a research note on Wednesday, January 17th. Citigroup reiterated a “sell” rating and set a GBX 1,410 ($19.13) target price on shares of Hargreaves Lansdown in a research note on Friday, January 26th. Credit Suisse Group downgraded Hargreaves Lansdown to an “underperform” rating and increased their target price for the company from GBX 1,124 ($15.25) to GBX 1,730 ($23.47) in a research note on Wednesday, January 31st. Numis Securities reiterated a “hold” rating and set a GBX 1,655 ($22.45) target price on shares of Hargreaves Lansdown in a research note on Tuesday, February 6th. Finally, Peel Hunt reiterated an “add” rating and set a GBX 1,600 ($21.70) target price on shares of Hargreaves Lansdown in a research note on Tuesday, February 6th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. Hargreaves Lansdown currently has an average rating of “Hold” and an average price target of GBX 1,562.45 ($21.19).

Hargreaves Lansdown opened at GBX 1,959 ($26.57) on Wednesday, MarketBeat.com reports. Hargreaves Lansdown has a twelve month low of GBX 1,258 ($17.06) and a twelve month high of GBX 1,935 ($26.25).

Hargreaves Lansdown Company Profile

Hargreaves Lansdown plc provides advisory and third party investment services for individuals and corporates in the United Kingdom. The company operates through three segments: Vantage, Discretionary/Managed, and Third Party/Other Services. Its flagship service is Vantage, a direct-to-investor platform, which enables clients to hold their funds, shares, exchange traded funds (ETFs), bonds, investment trusts, individual savings accounts (ISAs), and self-invested personal pensions (SIPPs).

Analyst Recommendations for Hargreaves Lansdown (LON:HL)

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