Halfords Group plc’s “Hold” Rating Reaffirmed at Deutsche Bank (HFD)
Halfords Group plc (LON:HFD)‘s stock had its “hold” rating restated by Deutsche Bank in a research note issued on Thursday. They currently have a GBX 430 ($7.38) price objective on the stock. Deutsche Bank’s price target would indicate a potential downside of 10.38% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “equal weight” rating on shares of Halfords Group plc in a research note on Friday, July 4th. They now have a GBX 460 ($7.89) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Halfords Group plc in a research note on Friday, July 4th. They now have a GBX 550 ($9.43) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Halfords Group plc in a research note on Wednesday, July 2nd. They now have a GBX 60 ($1.03) price target on the stock. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of GBX 465.12 ($7.98).
Shares of Halfords Group plc (LON:HFD) traded down 2.46% during mid-day trading on Thursday, hitting GBX 479.80. The stock had a trading volume of 584,364 shares. Halfords Group plc has a 1-year low of GBX 350.20 and a 1-year high of GBX 515.00. The stock’s 50-day moving average is GBX 484.6 and its 200-day moving average is GBX 463.4. The company’s market cap is £931.3 million.
Halfords Group plc is a retailer of automotive, leisure and cycling products. The Company’s segments include: Retail and Autocentres.
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