HSBC Holdings plc Reiterates Hold Rating for Halfords Group plc (HFD)
Halfords Group plc (LON:HFD)‘s stock had its “hold” rating restated by HSBC Holdings plc in a report released on Friday. They currently have a GBX 380 ($4.96) price objective on the stock. HSBC Holdings plc’s price target suggests a potential upside of 13.10% from the stock’s previous close.
Other research analysts also recently issued reports about the stock. N+1 Singer reissued a “buy” rating and issued a GBX 425 ($5.55) target price on shares of Halfords Group plc in a research report on Thursday, March 23rd. Investec reissued a “buy” rating and issued a GBX 400 ($5.22) target price on shares of Halfords Group plc in a research report on Wednesday, June 7th. Numis Securities Ltd raised shares of Halfords Group plc to a “hold” rating and set a GBX 360 ($4.70) target price on the stock in a research report on Tuesday, May 30th. Canaccord Genuity lifted their target price on shares of Halfords Group plc from GBX 360 ($4.70) to GBX 370 ($4.83) and gave the stock a “hold” rating in a research report on Friday, May 26th. Finally, Liberum Capital reissued a “sell” rating and issued a GBX 340 ($4.44) target price on shares of Halfords Group plc in a research report on Tuesday, June 6th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 354.62 ($4.63).
Shares of Halfords Group plc (LON:HFD) traded up 0.33% during trading on Friday, hitting GBX 336.00. 329,566 shares of the company traded hands. The firm has a 50 day moving average price of GBX 346.92 and a 200-day moving average price of GBX 355.96. Halfords Group plc has a one year low of GBX 312.00 and a one year high of GBX 389.50. The stock’s market cap is GBX 661.98 million.
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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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