Shares of Hargreaves Lansdown plc (LON:HL – Get Free Report) have received a consensus rating of “Hold” from the six research firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 1,048.20 ($13.78).
HL has been the subject of a number of research analyst reports. JPMorgan Chase & Co. increased their target price on Hargreaves Lansdown from GBX 671 ($8.82) to GBX 684 ($8.99) and gave the company an “underweight” rating in a report on Monday, July 15th. Jefferies Financial Group downgraded shares of Hargreaves Lansdown to a “hold” rating and increased their target price for the stock from GBX 1,035 ($13.61) to GBX 1,140 ($14.99) in a research report on Wednesday, June 19th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 1,342 ($17.65) target price on shares of Hargreaves Lansdown in a research report on Wednesday, June 19th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Hargreaves Lansdown in a research report on Friday, August 9th.
Check Out Our Latest Stock Analysis on HL
Hargreaves Lansdown Price Performance
Hargreaves Lansdown Increases Dividend
The business also recently disclosed a dividend, which will be paid on Friday, November 1st. Stockholders of record on Thursday, October 3rd will be issued a GBX 30 ($0.39) dividend. This is a boost from Hargreaves Lansdown’s previous dividend of $13.20. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a dividend yield of 2.78%. Hargreaves Lansdown’s dividend payout ratio (DPR) is presently 6,935.48%.
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.
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