Halfords Group Given New GBX 550 Price Target at Citigroup Inc. (HFD)
Equities research analysts at Citigroup Inc. lifted their price objective on shares of Halfords Group (LON:HFD) from GBX 545 ($8.98) to GBX 550 ($9.06) in a research note issued to investors on Friday, Analyst Ratings Network reports. The firm currently has a “buy” rating on the stock. Citigroup Inc.’s price target indicates a potential upside of 14.23% from the company’s current price.
HFD has been the subject of a number of other recent research reports. 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. Separately, 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. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Halfords Group in a research note to investors on Friday, January 10th. They now have a GBX 435 ($7.17) 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 stock. Halfords Group has a consensus rating of “Hold” and a consensus price target of GBX 436.51 ($7.19).
Halfords Group (LON:HFD) traded down 2.23% during mid-day trading on Friday, hitting GBX 481.50. The stock had a trading volume of 768,092 shares. Halfords Group has a 52 week low of GBX 296.50 and a 52 week high of GBX 496.10. The stock’s 50-day moving average is GBX 459.7 and its 200-day moving average is 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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