Shore Capital Reiterates Buy Rating for Hargreaves Lansdown (LON:HL)

Hargreaves Lansdown (LON:HL)‘s stock had its “buy” rating reaffirmed by equities researchers at Shore Capital in a research report issued on Tuesday, MarketBeat reports.

Separately, Royal Bank of Canada reduced their target price on shares of Hargreaves Lansdown from GBX 850 ($10.68) to GBX 825 ($10.36) and set a “sector perform” rating on the stock in a research note on Monday, February 26th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 921.20 ($11.57).

Hargreaves Lansdown Stock Up 3.6 %

Shares of LON HL opened at GBX 813.80 ($10.22) on Tuesday. The firm has a market capitalization of £3.86 billion, a PE ratio of 1,179.42, a price-to-earnings-growth ratio of 4.22 and a beta of 0.62. The company has a current ratio of 2.27, a quick ratio of 2.04 and a debt-to-equity ratio of 1.43. Hargreaves Lansdown has a 1 year low of GBX 676.40 ($8.50) and a 1 year high of GBX 944.80 ($11.87). The firm’s 50-day moving average is GBX 737.96 and its 200-day moving average is GBX 736.99.

Insider Activity at Hargreaves Lansdown

In other news, insider Alison Platt purchased 18,696 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The shares were acquired at an average cost of GBX 748 ($9.40) per share, for a total transaction of £139,846.08 ($175,663.96). In related news, insider Alison Platt bought 18,696 shares of the company’s stock in a transaction on Monday, February 26th. The shares were purchased at an average cost of GBX 748 ($9.40) per share, for a total transaction of £139,846.08 ($175,663.96). Also, insider Amy Stirling bought 6,764 shares of the company’s stock in a transaction on Friday, February 23rd. The shares were bought at an average price of GBX 739 ($9.28) per share, for a total transaction of £49,985.96 ($62,788.54). Insiders have bought 29,459 shares of company stock worth $21,966,458 in the last ninety days. Company 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.