Hargreaves Lansdown (HL.)

Sector:

Financials

Index:

FTSE 250

721.40p
   
  • Change Today:
    -12.80p
  • 52 Week High: 927.00
  • 52 Week Low: 690.40
  • Currency: UK Pounds
  • Shares Issued: 474.32m
  • Volume: 38,078
  • Market Cap: £3,421.73m
  • RiskGrade: 176

Woodford fallout now priced into Hargreaves Lansdown shares, says Deutsche Bank

By Michele Maatouk

Date: Wednesday 26 Jun 2019

LONDON (ShareCast) - (Sharecast News) - The fallout from the suspension of the Woodford Equity Income Fund is now reflected in the Hargreaves Lansdown share price, Deutsche Bank said on Wednesday, as it upped its stance on the stock to 'hold' from 'sell'.
Deutsche said the last month has been overshadowed by the suspension of the Woodford fund - held in six of Hargreaves' portfolios - which has seen HL shares drop 15% since 3 June.

It said that while the suspension is "clearly a negative for Hargreaves in terms of reputation", the fallout from Woodford "is now well reflected in the recent share price decline".

Although the shares are still modestly above its unchanged 1,775p target price, they now trade slightly below their long-term average price-to-earnings, DB said. "As such, we lift our recommendation."

At 1040 BST, the shares were up 0.2% at 1,917.50p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

HL. Market Data

Currency UK Pounds
Share Price 721.40p
Change Today -12.80p
% Change -1.74 %
52 Week High 927.00
52 Week Low 690.40
Volume 38,078
Shares Issued 474.32m
Market Cap £3,421.73m
RiskGrade 176

HL. Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.83% below the market average16.83% below the market average16.83% below the market average16.83% below the market average16.83% below the market average
68.22% below the sector average68.22% below the sector average68.22% below the sector average68.22% below the sector average68.22% below the sector average
Price Trend
22.41% below the market average22.41% below the market average22.41% below the market average22.41% below the market average22.41% below the market average
6.9% below the sector average6.9% below the sector average6.9% below the sector average6.9% below the sector average6.9% below the sector average
Income
85.46% above the market average85.46% above the market average85.46% above the market average85.46% above the market average85.46% above the market average
73.13% above the sector average73.13% above the sector average73.13% above the sector average73.13% above the sector average73.13% above the sector average
Growth
8.51% above the market average8.51% above the market average8.51% above the market average8.51% above the market average8.51% above the market average
22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 3
Sell 5
Strong Sell 2
Total 17
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HL. Dividends

  Latest Previous
  Interim Final
Ex-Div 29-Feb-24 16-Nov-23
Paid 28-Mar-24 15-Dec-23
Amount 13.20p 28.80p

Trades for 19-Apr-2024

Time Volume / Share Price
09:19 17 @ 721.40p
09:19 19 @ 721.40p
09:19 34 @ 721.40p
09:19 22 @ 721.20p
09:18 17 @ 721.20p

HL. Key Personnel

CEO Dan Olley
CFO Amy Stirling
Chair Alison Platt

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