Canaccord Genuity Reiterates “Hold” Rating for Halfords Group plc (HFD)
Halfords Group plc (LON:HFD)‘s stock had its “hold” rating restated by Canaccord Genuity in a report issued on Thursday. They currently have a GBX 370 ($4.58) price objective on the stock. Canaccord Genuity’s price objective would suggest a potential upside of 17.29% from the company’s current price.
Several other research firms have also recently issued reports on HFD. Beaufort Securities reaffirmed a “buy” rating on shares of Halfords Group plc in a report on Wednesday, September 7th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 360 ($4.46) price target on shares of Halfords Group plc in a report on Wednesday, September 7th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 350 ($4.34) price target on shares of Halfords Group plc in a report on Tuesday, September 6th. Liberum Capital reaffirmed a “sell” rating and issued a GBX 290 ($3.59) price target on shares of Halfords Group plc in a report on Tuesday, September 6th. Finally, Investec reaffirmed a “buy” rating and issued a GBX 390 ($4.83) price target on shares of Halfords Group plc in a report on Tuesday, September 6th. Two analysts have rated the stock with a sell rating, nine have assigned 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 target price of GBX 375.93 ($4.66).
Shares of Halfords Group plc (LON:HFD) opened at 313.50 on Thursday. Halfords Group plc has a 12-month low of GBX 299.50 and a 12-month high of GBX 452.28. The stock’s market cap is GBX 614.87 million. The company’s 50-day moving average is GBX 341.13 and its 200-day moving average is GBX 366.77.
The business also recently announced a dividend, which will be paid on Friday, January 20th. Investors of record on Thursday, December 15th will be given a GBX 5.83 ($0.07) dividend. The ex-dividend date is Thursday, December 15th. This represents a yield of 1.82%.
About Halfords Group plc
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.
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