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LPL Financial (LPLA) Stock Forecast & Price Target

$211.62
-7.30 (-3.33%)
(As of 07/19/2024 ET)

LPL Financial - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 10 Wall Street analysts who have issued ratings for LPL Financial in the last 12 months, the stock has a consensus rating of "Hold." Out of the 10 analysts, 1 has given a sell rating, 4 have given a hold rating, and 5 have given a buy rating for LPLA.

Consensus Price Target

$285.20
34.77% Upside
High Forecast$334.00
Average Forecast$285.20
Low Forecast$233.00

According to the 10 analysts' twelve-month price targets for LPL Financial, the average price target is $285.20. The highest price target for LPLA is $334.00, while the lowest price target for LPLA is $233.00. The average price target represents a forecasted upside of 34.77% from the current price of $211.62.

TypeCurrent Forecast
7/21/23 to 7/20/24
1 Month Ago
6/21/23 to 6/20/24
3 Months Ago
4/22/23 to 4/21/24
1 Year Ago
7/21/22 to 7/21/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$285.20$276.20$268.36$236.78
Forecasted Upside34.77% Upside9.49% Upside8.01% Upside14.09% Upside
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LPLA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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LPLA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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LPL Financial Stock vs. The Competition

TypeLPL FinancialFinance CompaniesS&P 500
Consensus Rating Score
2.40
2.45
2.51
Consensus RatingHoldHoldModerate Buy
Predicted Upside34.77% Upside37.78% Upside10.04% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/11/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$261.00 ➝ $268.00+1.05%
7/10/2024Barclays
2 of 5 stars
 Lower TargetOverweight ➝ Overweight$319.00 ➝ $313.00+14.68%
7/9/2024UBS Group
4 of 5 stars
 Boost TargetNeutral ➝ Neutral$285.00 ➝ $290.00+5.51%
7/8/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$322.00 ➝ $334.00+22.10%
7/8/2024TD Cowen
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 Boost TargetHold ➝ Hold$271.00 ➝ $279.00+2.45%
5/1/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$305.00+13.21%
4/9/2024Morgan Stanley
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 UpgradeEqual Weight ➝ Overweight$254.00 ➝ $315.00+20.55%
4/4/2024Raymond James
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 Initiated CoverageUnderperform
12/1/2023Redburn Atlantic
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 Initiated CoverageNeutral$240.00+7.96%
7/30/2023Bank of America
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 Boost Target$232.00 ➝ $233.00+2.71%
7/28/2023Citigroup
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 Boost TargetBuy$245.00 ➝ $275.00+16.10%
4/28/2023Credit Suisse Group
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 Lower Target$205.00 ➝ $192.00-5.42%
1/17/2023William Blair
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J. Schmitt
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Reiterated RatingOutperform
1/12/2023Keefe, Bruyette & Woods
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 Boost TargetOutperform$258.00 ➝ $277.00+22.31%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:56 PM ET.

LPLA Forecast - Frequently Asked Questions

What is LPL Financial's forecast for 2024?

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for LPL Financial is $285.20, with a high forecast of $334.00 and a low forecast of $233.00.

Should I buy or sell LPL Financial stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LPL Financial in the last year. There is currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LPLA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LPLA, but not buy additional shares or sell existing shares.

Does LPL Financial's stock price have much upside?

According to analysts, LPL Financial's stock has a predicted upside of 10.04% based on their 12-month stock forecasts.

What analysts cover LPL Financial?

LPL Financial has been rated by research analysts at Barclays, Jefferies Financial Group, JMP Securities, JPMorgan Chase & Co., TD Cowen, and UBS Group in the past 90 days.

Do Wall Street analysts like LPL Financial more than its competitors?

Analysts like LPL Financial less than other "finance" companies. The consensus rating score for LPL Financial is 2.40 while the average consensus rating score for "finance" companies is 2.45. Learn more on how LPLA compares to other companies.


This page (NASDAQ:LPLA) was last updated on 7/20/2024 by MarketBeat.com Staff

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