Hargreaves Lansdown (OTCMKTS:HRGLY) Lowered to Underperform at Jefferies Financial Group

Hargreaves Lansdown (OTCMKTS:HRGLY – Get Rating) was downgraded by stock analysts at Jefferies Financial Group from a “hold” rating to an “underperform” rating in a note issued to investors on Thursday, The Fly reports.

Several other equities research analysts have also recently commented on HRGLY. Royal Bank of Canada cut Hargreaves Lansdown from an “outperform” rating to a “sector perform” rating in a research note on Thursday, November 17th. Canaccord Genuity Group upgraded shares of Hargreaves Lansdown from a “hold” rating to a “buy” rating in a research report on Wednesday, October 26th. Bank of America cut shares of Hargreaves Lansdown from a “buy” rating to a “neutral” rating in a report on Tuesday, November 15th. Berenberg Bank dropped their price objective on shares of Hargreaves Lansdown from GBX 1,000 ($12.20) to GBX 925 ($11.29) in a report on Wednesday, October 19th. Finally, JPMorgan Chase & Co. boosted their price objective on Hargreaves Lansdown from GBX 770 ($9.40) to GBX 780 ($9.52) in a report on Monday, October 10th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $1,243.17.

Hargreaves Lansdown Price Performance

Shares of HRGLY opened at $22.76 on Thursday. The firm’s fifty day simple moving average is $21.22 and its two-hundred day simple moving average is $20.39. Hargreaves Lansdown has a 12 month low of $15.95 and a 12 month high of $38.00.

Hargreaves Lansdown Company Profile

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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; and fund dealing services.