Halfords Group plc’s (HFD) “Buy” Rating Reiterated at Investec

Halfords Group plc (LON:HFD)‘s stock had its “buy” rating reiterated by stock analysts at Investec in a research note issued on Wednesday. They currently have a GBX 400 ($5.17) price objective on the stock. Investec’s price objective points to a potential upside of 27.43% from the company’s previous close.

HFD has been the topic of several other reports. Deutsche Bank AG dropped their price target on Halfords Group plc from GBX 310 ($4.00) to GBX 295 ($3.81) and set a “sell” rating on the stock in a research note on Friday, September 8th. N+1 Singer restated a “buy” rating on shares of Halfords Group plc in a report on Thursday, May 25th. Beaufort Securities restated a “hold” rating on shares of Halfords Group plc in a report on Wednesday, September 6th. Peel Hunt restated a “sell” rating and set a GBX 325 ($4.20) price objective on shares of Halfords Group plc in a report on Thursday, May 25th. Finally, Liberum Capital upgraded Halfords Group plc from a “sell” rating to a “hold” rating and set a GBX 340 ($4.39) price objective for the company in a report on Tuesday, September 5th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of GBX 353.46 ($4.56).

Shares of Halfords Group plc (HFD) opened at 319.60 on Wednesday. The company’s market capitalization is GBX 629.67 million. Halfords Group plc has a 1-year low of GBX 309.90 and a 1-year high of GBX 389.50. The company’s 50-day moving average price is GBX 322.80 and its 200-day moving average price is GBX 346.55.

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Halfords Group plc 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 plc (LON:HFD)

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