Halfords Group plc (HFD) Receives Consensus Recommendation of “Hold” from Analysts
Halfords Group plc (LON:HFD) has received an average recommendation of “Hold” from the sixteen ratings firms that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating 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 360 ($4.81).
A number of equities analysts have issued reports on HFD shares. Deutsche Bank upgraded shares of Halfords Group to a “hold” rating and set a GBX 295 ($3.94) target price for the company in a research report on Friday, November 10th. Liberum Capital upgraded shares of Halfords Group from a “sell” rating to a “hold” rating and set a GBX 340 ($4.55) target price for the company in a research report on Tuesday, September 5th. Investec restated a “buy” rating and set a GBX 400 ($5.35) target price on shares of Halfords Group in a research report on Thursday, November 9th. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 360 ($4.81) target price on shares of Halfords Group in a research report on Friday, November 10th. Finally, Peel Hunt restated a “sell” rating and set a GBX 325 ($4.35) target price on shares of Halfords Group in a research report on Wednesday, December 20th.
Halfords Group (LON:HFD) opened at GBX 349.80 ($4.68) on Monday. Halfords Group has a 1-year low of GBX 305.40 ($4.08) and a 1-year high of GBX 389.50 ($5.21). The firm has a market capitalization of $695.27 and a P/E ratio of 1,295.56.
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About Halfords Group
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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