Hargreaves Lansdown PLC (HL) Downgraded to Sell at Liberum Capital
Hargreaves Lansdown PLC (LON:HL) was downgraded by investment analysts at Liberum Capital to a ” sell” rating in a note issued to investors on Thursday. They currently have a GBX 1,176 ($15.66) price target on the stock. Liberum Capital’s price objective suggests a potential downside of 12.50% from the company’s current price.
Several other research firms have also recently issued reports on HL. Citigroup Inc. reaffirmed a “sell” rating on shares of Hargreaves Lansdown PLC in a research report on Thursday, September 1st. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 1,396 ($18.59) price objective on shares of Hargreaves Lansdown PLC in a research report on Friday, September 2nd. Peel Hunt reaffirmed a “hold” rating and issued a GBX 1,345 ($17.91) price objective on shares of Hargreaves Lansdown PLC in a research report on Thursday, September 8th. Macquarie reaffirmed a “neutral” rating and issued a GBX 1,226 ($16.33) price objective on shares of Hargreaves Lansdown PLC in a research report on Wednesday, May 25th. Finally, Royal Bank Of Canada upped their price objective on Hargreaves Lansdown PLC from GBX 1,200 ($15.98) to GBX 1,400 ($18.65) and gave the company a “sector performer” rating in a research report on Wednesday, August 17th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of GBX 1,253.92 ($16.70).
Hargreaves Lansdown PLC (LON:HL) opened at 1275.00 on Thursday. The stock has a 50 day moving average price of GBX 1,326.47 and a 200 day moving average price of GBX 1,290.82. Hargreaves Lansdown PLC has a 12 month low of GBX 1,056.00 and a 12 month high of GBX 1,533.00. The stock’s market capitalization is GBX 6.03 billion.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/15/hargreaves-lansdown-plc-hl-downgraded-to-sell-at-liberum-capital.html
About Hargreaves Lansdown PLC
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.
Receive News & Ratings for Hargreaves Lansdown PLC Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Hargreaves Lansdown PLC and related companies with MarketBeat.com’s FREE daily email newsletter.