Peel Hunt upgraded shares of Hargreaves Lansdown (LON:HL) to an add rating in a report published on Thursday, ThisIsMoney.Co.Uk reports. The firm currently has GBX 2,000 ($26.13) price target on the stock, up from their previous price target of GBX 1,750 ($22.87).
Several other analysts also recently issued reports on the company. JPMorgan Chase & Co. reiterated an underweight rating and set a GBX 1,630 ($21.30) price target (up previously from GBX 1,575 ($20.58)) on shares of Hargreaves Lansdown in a research note on Monday, May 13th. Shore Capital reiterated a hold rating on shares of Hargreaves Lansdown in a research note on Thursday. Deutsche Bank reiterated a hold rating on shares of Hargreaves Lansdown in a research note on Friday, July 12th. Numis Securities reiterated a hold rating on shares of Hargreaves Lansdown in a research note on Monday, June 10th. Finally, Barclays upped their price target on Hargreaves Lansdown from GBX 2,014 ($26.32) to GBX 2,490 ($32.54) and gave the stock an overweight rating in a research note on Monday, May 13th. Three investment analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. The company has a consensus rating of Hold and an average target price of GBX 1,826.11 ($23.86).
HL opened at GBX 2,063 ($26.96) on Thursday. The company has a market cap of $9.79 billion and a P/E ratio of 40.69. The business’s 50-day moving average is GBX 2,011.18. Hargreaves Lansdown has a 52-week low of GBX 1,624 ($21.22) and a 52-week high of GBX 2,447 ($31.97).
The firm also recently announced a dividend, which will be paid on Friday, October 18th. Investors of record on Thursday, September 26th will be paid a dividend of GBX 31.70 ($0.41) per share. This is an increase from Hargreaves Lansdown’s previous dividend of $10.30. The ex-dividend date of this dividend is Thursday, September 26th. This represents a yield of 1.63%. Hargreaves Lansdown’s dividend payout ratio is presently 0.63%.
Hargreaves Lansdown Company Profile
Hargreaves Lansdown plc provides direct-to-investor investment services for individuals and corporates in the United Kingdom and Poland. Its flagship service is Vantage, a direct-to-investor platform. The company offers stocks and shares individual savings accounts (ISAs), fund and share accounts, self-invested personal pensions (SIPPs), and lifetime ISAs.
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