Published On: Thu, Sep 15th, 2016

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.

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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.

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