Analysts Set Hargreaves Lansdown plc (LON:HL) PT at GBX 921.20

Shares of Hargreaves Lansdown plc (LON:HL) have received a consensus rating of “Hold” from the six research firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 921.20 ($11.57).

A number of research analysts have recently commented on HL shares. Shore Capital reiterated a “buy” rating on shares of Hargreaves Lansdown in a research note on Tuesday, April 30th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,035 ($13.00) target price on shares of Hargreaves Lansdown in a research report on Wednesday, May 1st. Barclays lifted their price target on Hargreaves Lansdown from GBX 1,210 ($15.20) to GBX 1,250 ($15.70) and gave the company an “overweight” rating in a research note on Wednesday, May 1st. Finally, Royal Bank of Canada lowered their price objective on Hargreaves Lansdown from GBX 850 ($10.68) to GBX 825 ($10.36) and set a “sector perform” rating for the company in a research note on Monday, February 26th.

Hargreaves Lansdown Price Performance

Hargreaves Lansdown stock opened at GBX 812 ($10.20) on Wednesday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 2.04 and a current ratio of 2.27. Hargreaves Lansdown has a 52 week low of GBX 676.40 ($8.50) and a 52 week high of GBX 944.80 ($11.87). The stock has a market capitalization of £3.85 billion, a P/E ratio of 1,176.81, a price-to-earnings-growth ratio of 4.22 and a beta of 0.62. The stock has a fifty day moving average of GBX 739.43 and a 200-day moving average of GBX 738.34.

Hargreaves Lansdown Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, February 29th were issued a dividend of GBX 13.20 ($0.17) per share. The ex-dividend date was Thursday, February 29th. This represents a dividend yield of 1.64%. Hargreaves Lansdown’s dividend payout ratio is 6,086.96%.

Insider Buying and Selling

In other Hargreaves Lansdown news, insider Amy Stirling acquired 6,764 shares of the company’s stock in a transaction on Friday, February 23rd. The shares were purchased at an average cost of GBX 739 ($9.28) per share, with a total value of £49,985.96 ($62,788.54). In related news, insider Darren Pope purchased 3,999 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The stock was acquired at an average price of GBX 746 ($9.37) per share, for a total transaction of £29,832.54 ($37,473.36). Also, insider Amy Stirling purchased 6,764 shares of the stock in a transaction that occurred on Friday, February 23rd. The stock was bought at an average cost of GBX 739 ($9.28) per share, with a total value of £49,985.96 ($62,788.54). Insiders have bought a total of 29,459 shares of company stock worth $21,966,458 in the last ninety days. Corporate insiders own 25.77% of the company’s stock.

About Hargreaves Lansdown

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.