Halfords Group plc (HFD) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Halfords Group plc (LON:HFD) have earned a consensus recommendation of “Hold” from the fourteen research firms that are currently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 354.55 ($4.59).
Several equities analysts recently issued reports on HFD shares. HSBC Holdings plc restated a “buy” rating and set a GBX 415 ($5.38) price target on shares of Halfords Group plc in a research note on Wednesday, March 22nd. N+1 Singer restated a “buy” rating and set a GBX 425 ($5.51) price target on shares of Halfords Group plc in a research note on Thursday, March 23rd. Liberum Capital boosted their price target on Halfords Group plc from GBX 290 ($3.76) to GBX 340 ($4.40) and gave the company a “sell” rating in a research note on Wednesday, April 19th. Peel Hunt restated a “sell” rating and set a GBX 325 ($4.21) price target on shares of Halfords Group plc in a research note on Friday, May 12th. Finally, Investec boosted their price target on Halfords Group plc from GBX 395 ($5.12) to GBX 400 ($5.18) and gave the company a “buy” rating in a research note on Thursday, May 25th.
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Halfords Group plc (LON:HFD) opened at 340.40 on Monday. The stock’s market capitalization is GBX 670.65 million. Halfords Group plc has a 12-month low of GBX 303.00 and a 12-month high of GBX 389.50. The stock has a 50 day moving average price of GBX 357.68 and a 200-day moving average price of GBX 358.38.
The firm also recently announced a dividend, which will be paid on Friday, August 25th. Stockholders of record on Thursday, August 3rd will be issued a GBX 11.68 ($0.15) dividend. This is an increase from Halfords Group plc’s previous dividend of $10.00. This represents a dividend yield of 3.16%. The ex-dividend date of this dividend is Thursday, August 3rd.
Halfords Group plc Company Profile
Halfords Group plc is a retailer of automotive and cycling products. The Company is also an independent operator in auto repair. It operates in two segments: Halfords Retail, which operates in both the United Kingdom and Republic of Ireland, and Halfords Autocentres, which operates in the United Kingdom.
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