Zacks Investment Research Downgrades HARGREAVES LANS/ADR (OTCMKTS:HRGLY) to Strong Sell

Zacks Investment Research cut shares of HARGREAVES LANS/ADR (OTCMKTS:HRGLY) from a hold rating to a strong sell rating in a report issued on Wednesday, Zacks.com reports.

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. “

HARGREAVES LANS/ADR stock opened at $50.58 on Wednesday. HARGREAVES LANS/ADR has a 1-year low of $43.27 and a 1-year high of $61.46. The firm has a market capitalization of $12.00 billion, a PE ratio of 37.75, a PEG ratio of 2.81 and a beta of 0.80. The company has a fifty day simple moving average of $53.26.

About HARGREAVES LANS/ADR

Hargreaves Lansdown plc provides direct-to-investor investment services for individuals and corporates in the United Kingdom and Poland. Its flagship service is Vantage, a direct-to-investor platform. The company offers stocks and shares individual savings accounts (ISAs), fund and share accounts, self-invested personal pensions (SIPPs), and lifetime ISAs.

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