Halfords Group Given Sell Rating at Deutsche Bank (HFD)
Halfords Group (LON:HFD)‘s stock had its “sell” rating restated by investment analysts at Deutsche Bank in a note issued to investors on Friday, Analyst RN reports. They currently have a GBX 410 ($6.76) target price on the stock. Deutsche Bank’s price target would indicate a potential downside of 14.85% from the company’s current price.
Shares of Halfords Group (LON:HFD) traded down 2.23% 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 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.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Halfords Group in a research note to investors on Friday. They now have a GBX 460 ($7.58) price target on the stock. Separately, 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. Finally, 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. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the stock. Halfords Group has an average rating of “Hold” and a consensus target price of GBX 436.51 ($7.19).
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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