Zacks Investment Research Downgrades Hargreaves Lansdown (HRGLY) to Hold

Hargreaves Lansdown (OTCMKTS:HRGLY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday.

According to Zacks, “Hargreaves Lansdown PLC provides advisory and third party investment services for individuals and corporates primarily in the United Kingdom. The Company offers stock brokerage, pension fund management, financial planning, and asset and wealth management services. Hargreaves Lansdown PLC is based in Bristol, the United Kingdom. “

Shares of HRGLY opened at $49.41 on Wednesday. The company has a market capitalization of $11,718.03, a price-to-earnings ratio of 43.34, a PEG ratio of 2.47 and a beta of 1.87. Hargreaves Lansdown has a 1 year low of $32.70 and a 1 year high of $55.18.

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Hargreaves Lansdown Company Profile

Hargreaves Lansdown plc provides advisory and third party investment services for individuals and corporates in the United Kingdom. The company operates through three segments: Vantage, Discretionary/Managed, and Third Party/Other Services. Its flagship service is Vantage, a direct-to-investor platform, which enables clients to hold their funds, shares, exchange traded funds (ETFs), bonds, investment trusts, individual savings accounts (ISAs), and self-invested personal pensions (SIPPs).

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