Halfords Group Given Average Recommendation of “Hold” by Analysts (LON:HFD)
Shares of Halfords Group (LON:HFD) have been given an average rating of “Hold” by the twenty brokerages that are presently covering the stock, Analyst Ratings News reports. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 446.89 ($7.43).
Shares of Halfords Group (LON:HFD) opened at 471.90 on Wednesday. Halfords Group has a 52-week low of GBX 296.50 and a 52-week high of GBX 499.00. The stock has a 50-day moving average of GBX 458.0 and a 200-day moving average of GBX 429.6. The company’s market cap is £915.0 million.
A number of research firms have recently commented on HFD. Analysts at HSBC upgraded shares of Halfords Group to an “overweight” rating in a research note on Wednesday, January 29th. They now have a GBX 545 ($9.06) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Halfords Group in a research note on Tuesday, January 28th. Finally, analysts at BNP Paribas raised their price target on shares of Halfords Group from GBX 450 ($7.48) to GBX 500 ($8.32) in a research note on Thursday, January 23rd. They now have a “neutral” rating on the stock.
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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