Halfords Group plc (HFD) Receives Consensus Recommendation of “Hold” from Brokerages

Halfords Group plc (LON:HFD) has been assigned an average recommendation of “Hold” from the thirteen research firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is GBX 369.18 ($5.01).

A number of brokerages have commented on HFD. Canaccord Genuity upgraded shares of Halfords Group to a “buy” rating and increased their price target for the company from GBX 370 ($5.02) to GBX 436 ($5.91) in a research report on Friday, January 19th. Numis Securities cut shares of Halfords Group to a “hold” rating and set a GBX 360 ($4.88) price target on the stock. in a research report on Friday, January 19th. Deutsche Bank restated a “hold” rating and issued a GBX 340 ($4.61) target price on shares of Halfords Group in a report on Friday, January 19th. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 360 ($4.88) target price on shares of Halfords Group in a report on Friday, January 19th. Finally, Liberum Capital restated a “hold” rating and issued a GBX 340 ($4.61) target price on shares of Halfords Group in a report on Friday, January 19th.

Halfords Group (LON:HFD) opened at GBX 359.80 ($4.88) on Friday. Halfords Group has a 52-week low of GBX 305.40 ($4.14) and a 52-week high of GBX 380.80 ($5.16). The company has a market cap of $712.84 and a P/E ratio of 1,332.59.

The firm also recently declared a dividend, which was paid on Friday, January 19th. Investors of record on Thursday, December 7th were paid a GBX 6 ($0.08) dividend. This represents a yield of 1.8%. The ex-dividend date of this dividend was Thursday, December 7th.

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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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