Halfords Group plc Receives Buy Rating from Oriel Securities Ltd (HFD)
Halfords Group plc (LON:HFD)‘s stock had its “buy” rating reiterated by research analysts at Oriel Securities Ltd in a report released on Friday. They currently have a GBX 550 ($9.37) target price on the stock. Oriel Securities Ltd’s price target would indicate a potential upside of 10.00% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Halfords Group plc in a research note on Wednesday. They now have a GBX 60 ($1.02) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of Halfords Group plc in a research note on Tuesday. They now have a GBX 520 ($8.86) price target on the stock. Finally, analysts at N+1 Singer reiterated a “buy” rating on shares of Halfords Group plc in a research note on Friday, June 27th. They now have a GBX 600 ($10.22) price target on the stock. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 442.53 ($7.54).
Halfords Group plc (LON:HFD) opened at 502.00 on Friday. Halfords Group plc has a 1-year low of GBX 307.00 and a 1-year high of GBX 515.00. The stock has a 50-day moving average of GBX 476.5 and a 200-day moving average of GBX 461.6. The company’s market cap is £974.4 million.
The company also recently declared a dividend, which is scheduled for Friday, August 1st. Shareholders of record on Wednesday, July 2nd will be given a dividend of GBX 9.10 ($0.15) per share. This represents a yield of 1.86%. The ex-dividend date of this dividend is Wednesday, July 2nd.
Halfords Group plc is a retailer of automotive, leisure and cycling products. The Company’s segments include: Retail and Autocentres.
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