Halfords Group Given “Buy” Rating at Nplus1 Brewin (HFD)
Halfords Group (LON:HFD)‘s stock had its “buy” rating reiterated by investment analysts at Nplus1 Brewin in a note issued to investors on Thursday, Stock Ratings Network.com reports. They currently have a GBX 475 ($7.58) target price on the stock. Nplus1 Brewin’s price target would suggest a potential upside of 21.70% from the stock’s previous close.
A number of other analysts have also recently weighed in on HFD. Analysts at N+1 Singer reiterated a “buy” rating on shares of Halfords Group in a research note to investors on Thursday. They now have a GBX 475 ($7.58) price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Halfords Group from GBX 300 ($4.79) to GBX 330 ($5.27) in a research note to investors on Wednesday, October 9th. They now have a “sell” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “sell” rating on shares of Halfords Group in a research note to investors on Monday, September 30th. They now have a GBX 300 ($4.79) price target on the stock. Four analysts have rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 379.84 ($6.06).
Shares of Halfords Group (LON:HFD) traded up 1.08% on Thursday, hitting GBX 394.50. 240,481 shares of the company’s stock traded hands. Halfords Group has a 52 week low of GBX 296.50 and a 52 week 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 £767.0 million.
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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