Hargreaves Lansdown (LON:HL) Rating Reiterated by Canaccord Genuity Group

Hargreaves Lansdown (LON:HL)‘s stock had its “buy” rating reissued by equities researchers at Canaccord Genuity Group in a note issued to investors on Thursday, Marketbeat.com reports. They presently have a GBX 1,148 ($14.59) price objective on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 17.26% from the company’s current price.

HL has been the subject of several other research reports. Royal Bank of Canada reduced their price objective on shares of Hargreaves Lansdown from GBX 850 ($10.80) to GBX 825 ($10.49) and set a “sector perform” rating for the company in a research report on Monday, February 26th. Barclays boosted their price objective on shares of Hargreaves Lansdown from GBX 1,210 ($15.38) to GBX 1,250 ($15.89) and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. Shore Capital reiterated a “buy” rating on shares of Hargreaves Lansdown in a research report on Tuesday, April 30th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,035 ($13.15) price target on shares of Hargreaves Lansdown in a research report on Wednesday, May 1st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of GBX 959 ($12.19).

Hargreaves Lansdown Stock Up 5.0 %

Hargreaves Lansdown stock traded up GBX 46.20 ($0.59) during trading on Thursday, reaching GBX 979 ($12.44). The stock had a trading volume of 4,232,146 shares, compared to its average volume of 192,041. Hargreaves Lansdown has a 52-week low of GBX 676.40 ($8.60) and a 52-week high of GBX 1,151 ($14.63). The business has a 50 day moving average price of GBX 770.36 and a 200 day moving average price of GBX 752.54. The company has a quick ratio of 2.04, a current ratio of 2.27 and a debt-to-equity ratio of 1.43. The stock has a market cap of £4.64 billion, a PE ratio of 1,418.84, a P/E/G ratio of 4.22 and a beta of 0.56.

Insider Activity

In related news, insider Amy Stirling acquired 6,764 shares of Hargreaves Lansdown stock in a transaction that occurred on Friday, February 23rd. The stock was acquired at an average price of GBX 739 ($9.39) per share, with a total value of £49,985.96 ($63,530.71). In other news, insider Amy Stirling purchased 6,764 shares of the stock in a transaction that occurred on Friday, February 23rd. The stock was acquired at an average price of GBX 739 ($9.39) per share, with a total value of £49,985.96 ($63,530.71). Also, insider Alison Platt bought 18,696 shares of the firm’s stock in a transaction on Monday, February 26th. The shares were bought at an average cost of GBX 748 ($9.51) per share, with a total value of £139,846.08 ($177,740.32). Over the last quarter, insiders bought 29,459 shares of company stock valued at $21,966,458. 25.75% of the stock is currently owned by company insiders.

Hargreaves Lansdown Company Profile

Hargreaves Lansdown plc provides investment services for individuals and corporates in the United Kingdom and Poland. The company offers stocks and shares individual savings accounts (ISAs), fund and share accounts, and junior and lifetime ISAs. It also provides pension services, including self-invested personal pensions (SIPP), junior SIPPs, annuities, and drawdown; share dealing services; fund dealing; and cash management services.