Halfords Group plc (HFD) Given Consensus Recommendation of “Hold” by Brokerages
Halfords Group plc (LON:HFD) has received a consensus recommendation of “Hold” from the fourteen ratings firms that are currently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 349.58 ($4.65).
Several equities research analysts have recently commented on HFD shares. HSBC Holdings plc reissued a “hold” rating and issued a GBX 380 ($5.05) target price on shares of Halfords Group plc in a research note on Friday, June 30th. Liberum Capital reissued a “sell” rating and issued a GBX 340 ($4.52) target price on shares of Halfords Group plc in a research note on Friday, July 7th. N+1 Singer reissued a “buy” rating and issued a GBX 400 ($5.31) target price on shares of Halfords Group plc in a research note on Monday, August 21st. Peel Hunt reissued a “sell” rating and issued a GBX 325 ($4.32) target price on shares of Halfords Group plc in a research note on Tuesday, September 5th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 360 ($4.78) target price on shares of Halfords Group plc in a research note on Wednesday, September 6th.
Halfords Group plc (HFD) opened at 330.60 on Wednesday. The stock has a 50 day moving average price of GBX 329.96 and a 200 day moving average price of GBX 344.86. Halfords Group plc has a 1-year low of GBX 305.40 and a 1-year high of GBX 389.50. The company’s market cap is GBX 651.34 million.
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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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