Published On: Wed, Oct 19th, 2016

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

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.

06/02/2016 – LPL Financial Holdings Inc. had its “neutral” rating reiterated by analysts at SunTrust. They now have a USD 30 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.

04/05/2016 – LPL Financial Holdings Inc. was downgraded to “sell” by analysts at Goldman Sachs. They now have a USD 21 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. had its “sell” rating reiterated by analysts at UBS. 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 up +1.49% during the last day of trading, with a day high of 30.92. 891464 shares were traded during the last session.

The stock’s 50 day moving average is 30.04 and its 200 day moving average is 26.50. The stock’s market capitalization is 2.73B. LPL Financial Holdings Inc. has a 52-week low of 15.38 and a 52-week high of 48.00.

LPL Financial Holdings Inc. is a broker-dealer, a custodian for registered investment advisors (RIAs) and an independent consultant to retirement plans. The Company provides a platform of brokerage and investment advisory services to independent financial advisors (its advisors), including financial advisors at approximately 700 financial institutions across the country. Through its advisors, the Company is a distributor of financial products and services in the United States. The Company provides its technology and service to advisors through a technology platform that is server-based and Web-accessible. The Company’s platform provides access to approximately 790 product providers that offer the various product lines, such as insurance-based products, alternative investments, structured products, mutual funds, separately managed accounts, exchange traded products, unit investment trusts, retirement plan products and annuities.