Halfords Group’s (HFD) “Buy” Rating Reaffirmed at Shore Capital Group

Halfords Group (LON:HFD)‘s stock had its “buy” rating reissued by Shore Capital Group in a research report issued on Thursday,Digital Look reports. They currently have a GBX 200 target price on the stock. Shore Capital Group’s price objective would suggest a potential downside of 4.40% from the company’s current price.

Separately, Canaccord Genuity Group raised Halfords Group to a “buy” rating and boosted their target price for the company from GBX 156 to GBX 170 in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Halfords Group currently has a consensus rating of “Buy” and a consensus target price of GBX 185.

Halfords Group Trading Up 16.2%

HFD opened at GBX 209.20 on Thursday. The stock has a market capitalization of £455.80 million, a PE ratio of -13.58, a P/E/G ratio of 2.80 and a beta of 1.22. The company has a debt-to-equity ratio of 50.72, a quick ratio of 0.41 and a current ratio of 0.84. Halfords Group has a one year low of GBX 123.80 and a one year high of GBX 210. The business’s 50 day moving average price is GBX 162.86 and its 200 day moving average price is GBX 149.12.

About Halfords Group

HALFORDS IS THE UK’S LEADING PROVIDER OF MOTORING AND CYCLING PRODUCTS AND SERVICES.
Through Halfords Autocentres, it is also one of the UK’s leading independent operators in vehicle, servicing, maintenance and repairs.

We are a market-leading business, with unique and differentiated products and services.

Our unique mix of stores, garages, mobile vans and home delivery means we can offer customers unparalleled convenience in the motoring and cycling markets…
…We know that our customers want us to be there for them, when they need us.