Hargreaves Lansdown (HL.L) 06-11-19
Hargreaves Lansdown (HL.L) has fallen dramatically from recent highs of 2433p. Will it continue, or is this an opportunity to pick up a bargain?
- Now trading at 1763.5p (at time of writing). A return to previous highs would represent a rise of 38%.
- This stock is one of the most significant fallers in the period.
- Is the trend your friend, or is a bounce imminent?
- The market often over-reacts to bad news. Investors should consider whether it is down for good reason, or is this another over-reaction?
- Investors seeking a bargain should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
- Shares -27% from 12-month highs; +8% from 12 month lows.
06 Feb: Hargreaves Lansdown posted pre-tax profits 12% higher to £146.9m for the second half of the year to the end of 2017. Assets under administration were up 9% at £86.1bn.
02 Feb: Hargreaves Lansdown have appointed of Deanna W. Oppenheimer as chairman, with immediate effect. Oppenheimer was previously a director at Tesco.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires