Hargreaves Lansdown (LON:HL) Rating Reaffirmed
Bernstein now has a GBX 1260 target price on the 7.04B GBP market cap company or -12.92% downside potential. In a recent research report revealed on Wednesday, 9 December, Hargreaves Lansdown (LON:HL) shares have had their Underperform Rating kept steady by stock analysts at Bernstein.
From a total of 15 analysts covering Hargreaves Lansdown PLC (LON:HL) stock, 3 rate it a ”Buy”, 4 a “Sell”, and 9 a ”Hold”. This means that 19% of the ratings are positive. The highest target price is GBX 1466 while the lowest target price is GBX 830. The mean of all analyst targets is GBX 1211.73 with a -19.53% below today’s (GBX 1456) stock price. Hargreaves Lansdown PLC was the topic of 28 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. Peel Hunt maintained shares on December 7 with “Hold” rating. RBC Capital Markets maintained shares with “Underperform” rating and GBX 1025 target share price in a report from an October 14. Morgan Stanley maintained HL stock in a recent report from November 25 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, JP Morgan maintained the stock with “Neutral” rating in a report issued on an October 15.
Approximately 310,099 shares of stock traded hands. Hargreaves Lansdown PLC (LON:HL) has risen 20.70% since May 12, 2015 and is uptrending. It has outperformed by 21.50% the S&P500.
The overall sentiment of institutions has increased to 1.11 in Q2 2015. Its up 0.01, from 1.1 in 2015Q2. The ratio increased, as 25 institutions have sold all the shares of Hargreaves Lansdown PLC that they owned while 45 funds have taken shares off the table. 18 funds have purchased shares for the first time while 60 added to their positions. These institutions now hold 197.13 million shares or 6.31% more than the 185.43 million shares they owned in 2015Q2.
The Fund Summit Capital Management Llc currently is holding shares equating to 1.55% of its total portfolio in Hargreaves Lansdown PLC representing a total of 1.61 million shares. Another fund,Harvest Capital Strategies Llc, is holding a total of 3.00 million shares equating to 1.06% of their holdings. Additionally, Van Eck Associates Corp has a 47.84 million share stake in Hargreaves Lansdown PLC which represents 0.72% of their total portfolio. The Fund, Global X Management Co Llc, based out of New York, has also built up a stake in the stock, which represents a total of 0.41% of their total portfolio. Finally Ridgeworth Capital Management Llc, a fund which is based in the state of Georgia reported a total holdings of 13.22 million shares.
Insider activity is a very important aspect to track on any stock. Going back to March 23, 2015, shareholders of Hargreaves Lansdown PLC have witnessed 0 insider buys, and a total of 1 sale equating to a net activity of approximately $11,155 . Taylor Anthony P sold 5,000 shares worth approximately $11,155.
Hargreaves Lansdown Plc is a financial service well-known provider and asset management company. The company has a market cap of 7.04 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 44.03 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).