Halfords Group plc Receives “Equal weight” Rating from Barclays (HFD)
Halfords Group plc (LON:HFD)‘s stock had its “equal weight” rating restated by investment analysts at Barclays in a note issued to investors on Friday. They currently have a GBX 460 ($7.84) price objective on the stock. Barclays’ target price points to a potential downside of 8.00% from the company’s current price.
Halfords Group plc (LON:HFD) traded up 0.20% during mid-day trading on Friday, hitting GBX 501.00. 364,915 shares of the company’s stock traded hands. Halfords Group plc has a one year low of GBX 307.00 and a one 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 £972.4 million.
The company also recently declared a dividend, which is scheduled for Friday, August 1st. Investors 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.
A number of other analysts have also recently weighed in on HFD. Analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Halfords Group plc in a research note on Friday. They now have a GBX 550 ($9.37) price target on the stock. Separately, 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. Finally, 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. One research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of GBX 444.20 ($7.57).
Halfords Group plc is a retailer of automotive, leisure and cycling products. The Company’s segments include: Retail and Autocentres.
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