Published On: Mon, Apr 17th, 2017

LPL Financial Holdings Inc. (NASDAQ:LPLA) Updated Broker Ratings


A number of investment brokers have recently updated their price targets on shares of LPL Financial Holdings Inc. (NASDAQ:LPLA).

Most recent broker ratings

04/05/2017 – LPL Financial Holdings Inc. had its “hold” rating reiterated by analysts at SunTrust. They now have a USD 42 price target on the stock.

03/20/2017 – LPL Financial Holdings Inc. was upgraded to “conviction buy” by analysts at Goldman Sachs. They now have a USD 47 price target on the stock.

02/10/2017 – LPL Financial Holdings Inc. had its “neutral” rating reiterated by analysts at UBS. They now have a USD 40 price target on the stock.

10/12/2016 – LPL Financial Holdings Inc. was downgraded to “neutral” by analysts at JP Morgan. They now have a USD 31 price target on the stock.

09/26/2016 – Morgan Stanley began new coverage on LPL Financial Holdings Inc. giving the company a “underweight” rating. They now have a USD 27 price target on the stock.

08/22/2016 – LPL Financial Holdings Inc. was downgraded to “neutral” by analysts at Credit Suisse. They now have a USD 28 price target on the stock.

05/26/2016 – LPL Financial Holdings Inc. had its “neutral” rating reiterated by analysts at Nomura. They now have a USD 28 price target on the stock.

02/17/2016 – LPL Financial Holdings Inc. was upgraded to “neutral” by analysts at Citigroup.

02/16/2016 – LPL Financial Holdings Inc. had its “market perform” rating reiterated by analysts at Keefe, Bruyette & Woods. They now have a USD 23 price target on the stock.

02/12/2016 – LPL Financial Holdings Inc. was downgraded to “market perform” by analysts at Wells Fargo.

02/05/2016 – LPL Financial Holdings Inc. was upgraded to “neutral” by analysts at Susquehanna.

05/04/2015 – LPL Financial Holdings Inc. was downgraded to “sell” by analysts at Zacks.

10/22/2014 – LPL Financial Holdings Inc. was downgraded to “market perform” by analysts at William Blair.

01/02/2014 – LPL Financial Holdings Inc. was downgraded to “hold” by analysts at S&P Capital IQ.

10/09/2013 – JMP Securities began new coverage on LPL Financial Holdings Inc. giving the company a “market perform” rating.

The share price of LPL Financial Holdings Inc. (NASDAQ:LPLA) was down -1.25% during the last day of trading, with a day high of 38.62. 375287 shares were traded during the last session.

The stock’s 50 day moving average is 39.45 and its 200 day moving average is 36.94. The stock’s market capitalization is 3.38B. LPL Financial Holdings Inc. has a 52-week low of 20.51 and a 52-week high of 42.86.

LPL Financial Holdings Inc. is a broker-dealer, a custodian for registered investment advisors and an independent consultant to retirement plans. The Company provides a platform of brokerage and investment advisory services to independent financial advisors, including financial advisors at financial institutions across the country. It also supported approximately 4,000 financial advisors, affiliated and licensed with insurance companies through customized clearing services, advisory platforms and technology solutions, as of December 31, 2016. Through its advisors, it is a distributor of financial products and services in the United States. It provides its technology and service to advisors through a technology platform that is server-based and Web-accessible. Its technology offerings are designed to permit its advisors to manage various aspects of their businesses. It automates time-consuming processes, such as account opening and management, document imaging and account rebalancing.