Halfords Group Rating Reiterated by UBS AG (HFD)
Halfords Group (LON:HFD)‘s stock had its “buy” rating restated by stock analysts at UBS AG in a report issued on Friday, AnalystRatingsNetwork.com reports. They currently have a GBX 400 ($6.23) target price on the stock. UBS AG’s price target would indicate a potential upside of 4.49% from the stock’s previous close.
Shares of Halfords Group (LON:HFD) traded up 4.08% during mid-day trading on Friday, hitting GBX 382.80. The stock had a trading volume of 320,607 shares. Halfords Group has a one year low of GBX 232.015 and a one year high of GBX 408.00. The stock’s 50-day moving average is GBX 365.0 and its 200-day moving average is GBX 339.. The company’s market cap is £744.2 million.
A number of other analysts have also recently weighed in on HFD. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Halfords Group in a research note to investors on Monday, August 19th. They now have a GBX 405 ($6.31) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Halfords Group in a research note to investors on Thursday, July 25th. They now have a GBX 420 ($6.54) price target on the stock. Finally, analysts at Charles Stanley reiterated a “reduce” rating on shares of Halfords Group in a research note to investors on Thursday, July 11th.
Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 345.15 ($5.38).
Halfords Group plc is a holding company. The principal activities of the Company are retailing of automotive, leisure and cycling products, and car servicing and repair.
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