J P Morgan Chase & Co Reiterates “Neutral” Rating for Halfords Group plc (HFD)
Halfords Group plc (LON:HFD)‘s stock had its “neutral” rating reiterated by analysts at J P Morgan Chase & Co in a research report issued on Thursday. They currently have a GBX 360 ($4.65) price target on the stock. J P Morgan Chase & Co’s target price would indicate a potential upside of 12.15% from the stock’s current price.
Several other research analysts have also commented on HFD. N+1 Singer restated a “buy” rating on shares of Halfords Group plc in a report on Thursday, May 25th. Liberum Capital reaffirmed a “sell” rating and issued a GBX 340 ($4.39) target price on shares of Halfords Group plc in a research report on Tuesday, June 6th. Beaufort Securities reaffirmed a “hold” rating on shares of Halfords Group plc in a research report on Wednesday, September 6th. Deutsche Bank AG reduced their target price on shares of Halfords Group plc from GBX 310 ($4.00) to GBX 295 ($3.81) and set a “sell” rating on the stock in a research report on Friday, September 8th. Finally, Investec reaffirmed a “buy” rating and issued a GBX 400 ($5.17) target price on shares of Halfords Group plc in a research report on Wednesday, June 7th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 353.46 ($4.56).
Halfords Group plc (LON:HFD) traded up 1.07% during trading on Thursday, hitting GBX 321.00. 595,762 shares of the stock traded hands. The stock’s market cap is GBX 632.43 million. The company has a 50-day moving average price of GBX 321.58 and a 200-day moving average price of GBX 346.02. Halfords Group plc has a 12 month low of GBX 305.40 and a 12 month high of GBX 389.50.
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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.
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