Zacks Rating on LPL Financial Holdings (LPLA)

LPL Financial Holdings (LPLA) : 7 analysts are covering LPL Financial Holdings (LPLA) and their average rating on the stock is 3.29, which is read as a Hold. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

LPL Financial Holdings (LPLA) : Currently there are 5 street experts covering LPL Financial Holdings (LPLA) stock. The most bullish and bearish price target for the stock is $43 and $27 respectively for the short term. The average price target of all the analysts comes to $32.2. The estimated standard deviation from the target is $7.12.


Shares of LPL Financial Holdings Inc. rose by 3.71% in the last five trading days and 20.18% for the last 4 weeks. LPL Financial Holdings Inc. is up 9.91% in the last 3-month period. Year-to-Date the stock performance stands at -30.25%. LPL Financial Holdings (NASDAQ:LPLA): stock turned positive on Tuesday. Though the stock opened at $28.35, the bulls momentum made the stock top out at $29.23 level for the day. The stock recorded a low of $28.105 and closed the trading day at $28.81, in the green by 1.62%. The total traded volume for the day was 661,758. The stock had closed at $28.35 in the previous days trading.

LPL Financial Holdings Inc. is an independent broker-dealer, a custodian for registered investment advisors (RIAs) and an independent consultant to retirement plans. The Company provides a platform of brokerage and investment advisory services to independent financial advisors, including financial advisors at around 700 financial institutions, enabling them to provide their retail investors with objective financial advice. It also supports approximately 4,400 financial advisors who are affiliated and licensed with insurance companies through customized clearing services, advisory platforms, and technology solutions. It provides its advisors with the front-office, middle-office, and back-office support. The Company provides its technology and service to advisors through a technology platform that is server-based and Web-accessible. Its subsidiaries include LPL Financial LLC, The Private Trust Company, N.A., Independent Advisers Group Corporation and LPL Insurance Associates, Inc.

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