Halfords Group plc (LON:HFD) had its target price reduced by stock analysts at Deutsche Bank AG from GBX 310 ($4.00) to GBX 295 ($3.81) in a report issued on Friday. The firm presently has a “sell” rating on the stock. Deutsche Bank AG’s price objective points to a potential downside of 4.03% from the company’s current price.

A number of other analysts have also recently commented on the company. Peel Hunt reiterated a “sell” rating and set a GBX 325 ($4.20) price objective on shares of Halfords Group plc in a research report on Friday, May 12th. HSBC Holdings plc cut Halfords Group plc to a “hold” rating and dropped their price objective for the stock from GBX 415 ($5.36) to GBX 380 ($4.91) in a research report on Wednesday, May 17th. Liberum Capital reiterated a “sell” rating and set a GBX 340 ($4.39) price objective on shares of Halfords Group plc in a research report on Thursday, May 25th. N+1 Singer reiterated a “buy” rating on shares of Halfords Group plc in a research report on Thursday, May 25th. Finally, Investec lifted their price objective on Halfords Group plc from GBX 395 ($5.10) to GBX 400 ($5.17) and gave the stock a “buy” rating in a research report on Thursday, May 25th. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 353.46 ($4.56).

Shares of Halfords Group plc (HFD) traded down 6.31% during midday trading on Friday, reaching GBX 307.40. 1,158,131 shares of the company’s stock traded hands. The company’s market capitalization is GBX 605.63 million. Halfords Group plc has a 52 week low of GBX 305.40 and a 52 week high of GBX 389.50. The stock’s 50 day moving average is GBX 324.13 and its 200-day moving average is GBX 347.21.

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About Halfords Group plc

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.

Analyst Recommendations for Halfords Group plc (LON:HFD)

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