Halfords Group Given “Neutral” Rating at Bank of America Corp. (HFD)
Halfords Group (LON:HFD)‘s stock had its “neutral” rating reaffirmed by stock analysts at Bank of America Corp. in a report issued on Monday, Analyst Ratings Network.com reports. They currently have a GBX 400 ($6.41) price objective on the stock. Bank of America Corp.’s price target points to a potential upside of 1.09% from the stock’s previous close.
Halfords Group (LON:HFD) traded down 0.95% during mid-day trading on Monday, hitting GBX 395.70. The stock had a trading volume of 364,674 shares. Halfords Group has a 1-year low of GBX 256.50 and a 1-year high of GBX 412.70. The stock’s 50-day moving average is GBX 377.8 and its 200-day moving average is GBX 346.5. The company’s market cap is £769.3 million.
Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. upgraded shares of Halfords Group (LON:HFD) from a “neutral” rating to a “buy” rating in a research note to investors on Friday. They now have a GBX 465 ($7.45) price target on the stock, up previously from GBX 325 ($5.21). Separately, analysts at Nplus1 Brewin reiterated a “buy” rating on shares of Halfords Group (LON:HFD) in a research note to investors on Thursday, September 12th. They now have a GBX 475 ($7.61) price target on the stock. Finally, analysts at N+1 Singer reiterated a “buy” rating on shares of Halfords Group (LON:HFD) in a research note to investors on Thursday, September 12th. They now have a GBX 475 ($7.61) price target on the stock.
Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the stock. Halfords Group presently has a consensus rating of “Hold” and a consensus target price of GBX 378.18 ($6.06).
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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