Halfords Group plc (LON:HFD) Receives Consensus Recommendation of “Hold” from Analysts
Halfords Group plc (LON:HFD) has been assigned an average rating of “Hold” from the fourteen ratings firms that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 354.55 ($4.68).
Several research analysts recently commented on the stock. HSBC Holdings plc reiterated a “buy” rating and issued a GBX 415 ($5.47) target price on shares of Halfords Group plc in a report on Monday, April 24th. N+1 Singer reiterated a “buy” rating and issued a GBX 400 ($5.28) target price on shares of Halfords Group plc in a report on Wednesday, May 3rd. Liberum Capital reiterated a “sell” rating and issued a GBX 340 ($4.48) target price on shares of Halfords Group plc in a report on Wednesday, May 3rd. Numis Securities Ltd upgraded shares of Halfords Group plc to a “hold” rating and set a GBX 360 ($4.75) target price on the stock in a report on Tuesday, May 30th. Finally, Canaccord Genuity lifted their target price on shares of Halfords Group plc from GBX 360 ($4.75) to GBX 370 ($4.88) and gave the stock a “hold” rating in a report on Friday, May 26th.
Halfords Group plc (HFD) opened at 326.90 on Friday. The firm has a 50-day moving average of GBX 341.95 and a 200-day moving average of GBX 355.19. The stock’s market capitalization is GBX 644.05 million. Halfords Group plc has a 52-week low of GBX 312.00 and a 52-week high of GBX 389.50.
The firm also recently announced a dividend, which will be paid on Friday, August 25th. Stockholders of record on Thursday, August 3rd will be given a dividend of GBX 11.68 ($0.15) per share. This is a positive change 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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