Liberum Capital Reiterates Buy Rating for Halfords Group (HFD)
Halfords Group (LON:HFD)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a research report issued on Friday, Stock Ratings News reports. They currently have a GBX 600 ($9.84) price target on the stock. Liberum Capital’s price target indicates a potential upside of 30.24% from the stock’s previous close.
Shares of Halfords Group (LON:HFD) traded up 0.15% on Friday, hitting GBX 460.70. The stock had a trading volume of 313,941 shares. Halfords Group has a one year low of GBX 296.50 and a one year high of GBX 496.10. The stock has a 50-day moving average of GBX 462.2 and a 200-day moving average of GBX 403.1. The company’s market cap is £893.3 million.
A number of other analysts have also recently weighed in on HFD. Analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Halfords Group in a research note to investors on Monday. They now have a GBX 550 ($9.02) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Halfords Group in a research note to investors on Thursday, December 5th. They now have a GBX 545 ($8.94) price target on the stock. Finally, analysts at JPMorgan Chase & Co. downgraded shares of Halfords Group to a “neutral” rating in a research note to investors on Monday, December 2nd. They now have a GBX 460 ($7.54) price target on the stock. Four analysts have rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the stock. Halfords Group has a consensus rating of “Hold” and a consensus price target of GBX 424.06 ($6.96).
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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