Hargreaves Lansdown plc (LON:HL) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Hargreaves Lansdown plc (LON:HL) have been given an average recommendation of “Hold” by the six brokerages that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is GBX 1,048.20 ($13.61).

A number of research firms have recently issued reports on HL. Shore Capital restated a “buy” rating on shares of Hargreaves Lansdown in a report on Friday, August 9th. JPMorgan Chase & Co. increased their price objective on Hargreaves Lansdown from GBX 671 ($8.71) to GBX 684 ($8.88) and gave the stock an “underweight” rating in a research note on Monday, July 15th.

Hargreaves Lansdown Stock Down 0.0 %

Hargreaves Lansdown stock opened at GBX 1,086 ($14.10) on Wednesday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.04 and a current ratio of 2.15. The stock has a market cap of £5.15 billion, a price-to-earnings ratio of 1,751.61, a price-to-earnings-growth ratio of 4.22 and a beta of 0.66. The business’s 50 day moving average is GBX 1,099.05.

Hargreaves Lansdown Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, November 1st. Stockholders of record on Thursday, October 3rd will be paid a GBX 30 ($0.39) dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This is an increase from Hargreaves Lansdown’s previous dividend of $13.20. This represents a dividend yield of 2.78%. Hargreaves Lansdown’s dividend payout ratio is 6,935.48%.

Hargreaves Lansdown Company Profile

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.