Hargreaves Lansdown PLC (LON:HL) Receives a Downgrade
In an interesting research report shared with investors and clients on Friday morning, Numis cut their rating for shares of Hargreaves Lansdown PLC (LON:HL) to a Hold and they now have a GBX 1466.00 target PPS on the stock. Numis’s target PPS may suggest a possible upside of 0.55% from the last stock close price of Hargreaves Lansdown PLC (LON:HL).
From a total of 11 analysts covering Hargreaves Lansdown PLC (LON:HL) stock, 2 rate it a ”Buy”, 3 a “Sell”, and 6 a ”Hold”. This means that 18% of the ratings are positive. The highest target price is GBX 1500 while the lowest target price is GBX 813. The mean of all analyst targets is GBX 1154.30 with a -21.53% below today’s (GBX 1471) stock price. Hargreaves Lansdown PLC was the topic of 27 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. Numis Securities downgraded shares on November 27 to “Hold” rating. RBC Capital Markets maintained shares with “Underperform” rating and GBX 1025 target share price in a report from an October 14. Barclays Capital maintained HL stock in a recent report from November 11 with “Overweight” rating. J.P. Morgan maintained the rating on October 7. J.P. Morgan has a “Neutral” rating and a GBX 1160 price target on shares. Finally, Shore Capital maintained the stock with “Hold” rating in a report issued on an October 14.
The stock decreased 0.34% or GBX 5 on November 27, striking GBX 1471. Approximately 509,975 shares of stock traded hands. Hargreaves Lansdown PLC (LON:HL) has risen 22.69% since May 1, 2015 and is uptrending. It has outperformed by 23.58% the S&P500.
Hargreaves Lansdown Plc is a financial service well-known provider and asset management company. The company has a market cap of 6.98 billion GBP. The Firm offers a range of services, including self-select individual savings accounts , funds, shares, self-invested personal pension (SIPPs) and group SIPPs. It has 44.48 P/E ratio. It operates in three business divisions: the Vantage division, the Discretionary division and the Third Party/Other Services division.
According to Zacks Investment Research, “Hecla Mining Company is a leading low-cost U.S. silver producer with operating mines in Alaska and Idaho, and is a growing gold producer with an operating mine in Quebec, Canada. The Company also has exploration and pre-development properties in five world-class silver and gold mining districts in the U.S., Canada, and Mexico, and an exploration office and investments in early-stage silver exploration projects in Canada.” Get a free copy of the Zacks research report on Hargreaves Lansdown PLC (HL)