Halfords Group (HFD) Stock Rating Reaffirmed by Deutsche Bank

Halfords Group (LON:HFD)‘s stock had its “hold” rating reissued by equities research analysts at Deutsche Bank in a report released on Friday. They currently have a GBX 340 ($4.61) target price on the stock. Deutsche Bank’s price target indicates a potential downside of 2.41% from the stock’s previous close.

Several other research analysts also recently issued reports on the company. Peel Hunt reaffirmed a “sell” rating and set a GBX 325 ($4.41) price target on shares of Halfords Group in a research note on Wednesday, December 20th. Investec reaffirmed a “buy” rating and set a GBX 400 ($5.42) price target on shares of Halfords Group in a research note on Thursday, November 9th. Liberum Capital reaffirmed a “hold” rating and set a GBX 340 ($4.61) price target on shares of Halfords Group in a research note on Thursday, November 9th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 360 ($4.88) price target on shares of Halfords Group in a research note on Tuesday, October 3rd. Finally, reaffirmed a “buy” rating and set a GBX 400 ($5.42) price target on shares of Halfords Group in a research note on Thursday, November 9th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company’s stock. Halfords Group presently has a consensus rating of “Hold” and a consensus target price of GBX 367 ($4.98).

Halfords Group (LON:HFD) traded down GBX 2.60 ($0.04) during trading hours on Friday, hitting GBX 348.40 ($4.72). The stock had a trading volume of 1,370,201 shares, compared to its average volume of 496,382. The firm has a market cap of $693.72 and a P/E ratio of 1,290.37. Halfords Group has a fifty-two week low of GBX 305.40 ($4.14) and a fifty-two week high of GBX 389.50 ($5.28).

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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.

Analyst Recommendations for Halfords Group (LON:HFD)

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