Hargreaves Lansdown (HRGLY) Upgraded at Jefferies Group

Jefferies Group upgraded shares of Hargreaves Lansdown (OTCMKTS:HRGLY) from an underperform rating to a hold rating in a research note released on Wednesday morning, The Fly reports. Jefferies Group also issued estimates for Hargreaves Lansdown’s FY2018 earnings at $1.40 EPS, FY2019 earnings at $1.54 EPS and FY2020 earnings at $1.76 EPS.

Separately, Zacks Investment Research cut Hargreaves Lansdown from a buy rating to a hold rating in a research report on Friday, January 19th.

Shares of HRGLY opened at $49.41 on Wednesday. Hargreaves Lansdown has a 52 week low of $32.70 and a 52 week high of $55.18. The company has a market capitalization of $11,718.03, a PE ratio of 43.34, a P/E/G ratio of 2.45 and a beta of 1.87.



The business also recently declared a None dividend, which was paid on Friday, March 23rd. Stockholders of record on Friday, February 16th were given a $0.254 dividend. The ex-dividend date was Thursday, February 15th. Hargreaves Lansdown’s dividend payout ratio is currently 64.91%.

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About Hargreaves Lansdown

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).

The Fly

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