Halfords Group (HFD) Earns “Neutral” Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their neutral rating on shares of Halfords Group (LON:HFD) in a report released on Friday morning. JPMorgan Chase & Co. currently has a GBX 360 ($4.88) target price on the stock.

HFD has been the subject of a number of other reports. restated a buy rating and set a GBX 400 ($5.42) price objective on shares of Halfords Group in a research report on Thursday, November 9th. restated a buy rating and set a GBX 400 ($5.42) price objective on shares of Halfords Group in a research report on Thursday, November 9th. Deutsche Bank restated a hold rating and set a GBX 340 ($4.61) price objective on shares of Halfords Group in a research report on Tuesday, January 2nd. Peel Hunt restated a sell rating and set a GBX 325 ($4.41) price objective on shares of Halfords Group in a research report on Thursday. Finally, Liberum Capital restated a hold rating and set a GBX 340 ($4.61) price objective on shares of Halfords Group in a research report on Friday. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. The company has an average rating of Hold and an average target price of GBX 366.50 ($4.97).

Shares of Halfords Group (LON HFD) traded down GBX 2.60 ($0.04) during midday trading on Friday, reaching GBX 348.40 ($4.72). The company’s stock had a trading volume of 1,370,201 shares, compared to its average volume of 496,382. Halfords Group has a 12-month low of GBX 305.40 ($4.14) and a 12-month high of GBX 389.50 ($5.28). The firm has a market cap of $693.72 and a price-to-earnings ratio of 1,290.37.

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

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About Halfords Group

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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