Halfords Group PT Raised to GBX 360 at Barclays (HFD)
Analysts at Barclays boosted their target price on shares of Halfords Group (LON:HFD) from GBX 330 ($5.34) to GBX 360 ($5.82) in a research report issued to clients and investors on Wednesday, Analyst RN reports. The firm currently has an “equal weight” rating on the stock. Barclays’ price target indicates a potential downside of 13.79% from the stock’s previous close.
Halfords Group (LON:HFD) opened at 417.60 on Wednesday. Halfords Group has a 52 week low of GBX 296.50 and a 52 week high of GBX 425.828. The stock’s 50-day moving average is GBX 397.7 and its 200-day moving average is GBX 363.0. The company’s market cap is £811.9 million.
Several other analysts have also recently commented on the stock. Analysts at Investec raised their price target on shares of Halfords Group from GBX 400 ($6.47) to GBX 460 ($7.44) in a research note to investors on Tuesday, October 29th. They now have a “buy” rating on the stock. Separately, analysts at Nplus1 Brewin reiterated a “buy” rating on shares of Halfords Group in a research note to investors on Thursday, October 17th. They now have a GBX 475 ($7.68) price target on the stock. Finally, analysts at N+1 Singer reiterated a “buy” rating on shares of Halfords Group in a research note to investors on Thursday, October 17th. They now have a GBX 475 ($7.68) price target on the stock. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 383.66 ($6.21).
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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