Halfords Group (HFD) Downgraded by Numis Securities to Hold
Halfords Group (LON:HFD) was downgraded by research analysts at Numis Securities to a “hold” rating in a research note issued on Friday. They currently have a GBX 360 ($4.88) price target on the stock. Numis Securities’ price target points to a potential upside of 2.45% from the stock’s current price.
A number of other equities research analysts also recently commented on HFD. Deutsche Bank restated a “hold” rating and issued a GBX 340 ($4.61) target price on shares of Halfords Group in a research report on Friday. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 360 ($4.88) target price on shares of Halfords Group in a research note on Friday. Liberum Capital reaffirmed a “hold” rating and set a GBX 340 ($4.61) price objective on shares of Halfords Group in a research report on Friday. Peel Hunt reaffirmed a “sell” rating and set a GBX 325 ($4.41) price objective on shares of Halfords Group in a research report on Thursday. Finally, reissued a “buy” rating and issued a GBX 400 ($5.42) target price on shares of Halfords Group in a research report on Thursday, November 9th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 361.79 ($4.91).
Halfords Group (LON HFD) opened at GBX 352 ($4.77) on Friday. Halfords Group has a 1 year low of GBX 305.40 ($4.14) and a 1 year high of GBX 389.50 ($5.28). The stock has a market cap of $698.90 and a price-to-earnings ratio of 1,303.70.
Halfords Group 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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