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HL. - Hargreaves Lansdown News Story

1696p -36.0  -2.1%

Last Trade - 4:45pm

Sector
Financials
Size
Large Cap
Market Cap £8.21bn
Enterprise Value £7.83bn
Revenue £592.5m
Position in Universe 134th / 1826

BUZZ-Hargreaves Lansdown: Rises on annual profit forecast

Wed 17th March, 2021 8:50am
** Shares of British retail investment platform Hargreaves
Lansdown  HRGV.L  up 2% at 1.579.5p as co sees FY profit
"modestly" above analysts' expectations
    ** Stock among top gainers in UK's blue-chip index  .FTSE ,
hits highest since Jan 20
    ** Analysts forecast annual pretax profit between 334 mln
pounds ($464.73 mln) and 360 mln pounds 
    ** Co reports high trading volumes with significant
engagement from clients in Jan  urn:newsml:reuters.com:*:nASN000YN3
    ** Continues to see elevated volumes of share dealing since
the end of Jan due to higher interest in U.S. stocks from
existing clients
    ** Hargreaves lost ~20% of its value in 2020 and relatively
flat so far this year

    ($1 = 0.7187 pounds)

 (Reporting by Priyanshi  Mandhan in Bengaluru)
 ((Priyanshi.Mandhan@thomsonreuters.com; +91 9650985606;))
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