Halfords Group Given Neutral Rating at JPMorgan Chase & Co. (HFD)
Halfords Group (LON:HFD)‘s stock had its “neutral” rating reiterated by JPMorgan Chase & Co. in a research note issued on Friday, Stock Ratings Network.com reports. They currently have a GBX 460 ($7.58) price objective on the stock. JPMorgan Chase & Co.’s price target suggests a potential downside of 4.47% from the stock’s previous close.
HFD has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. raised their price target on shares of Halfords Group from GBX 545 ($8.98) to GBX 550 ($9.06) in a research note to investors on Friday. They now have a “buy” rating on the stock. Separately, 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 540 ($8.90) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Halfords Group in a research note to investors on Thursday. They now have a GBX 520 ($8.57) price target on the stock. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of GBX 436.51 ($7.19).
Halfords Group (LON:HFD) traded down 2.23% on Friday, hitting GBX 481.50. 768,092 shares of the company’s stock traded hands. 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 459.7 and a 200-day moving average of GBX 409.. The company’s market cap is £933.6 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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