Halfords Group plc (HFD) PT Lowered to GBX 320
Halfords Group plc (LON:HFD) had its price target reduced by stock analysts at Deutsche Bank AG from GBX 330 ($4.12) to GBX 320 ($4.00) in a research note issued on Friday. The brokerage currently has a “hold” rating on the stock. Deutsche Bank AG’s price objective points to a potential upside of 1.14% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the company. Canaccord Genuity upped their target price on Halfords Group plc from GBX 340 ($4.25) to GBX 370 ($4.62) and gave the stock a ” hold” rating in a research note on Wednesday, September 7th. Investec reiterated a “buy” rating and set a GBX 390 ($4.87) price target on shares of Halfords Group plc in a report on Thursday, July 14th. Beaufort Securities reiterated a “buy” rating on shares of Halfords Group plc in a report on Wednesday, September 7th. Numis Securities Ltd reiterated a “hold” rating and set a GBX 350 ($4.37) price target on shares of Halfords Group plc in a report on Tuesday, September 6th. Finally, Peel Hunt lowered their price target on shares of Halfords Group plc from GBX 350 ($4.37) to GBX 315 ($3.94) and set a “hold” rating for the company in a report on Thursday, July 14th. 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 stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 368.43 ($4.60).
Halfords Group plc (LON:HFD) opened at 330.60 on Friday. The company’s market capitalization is GBX 645.66 million. Halfords Group plc has a 12-month low of GBX 299.50 and a 12-month high of GBX 452.28. The firm’s 50-day moving average price is GBX 339.69 and its 200 day moving average price is GBX 365.15.
The company also recently declared a dividend, which will be paid on Friday, January 20th. Shareholders of record on Thursday, December 15th will be given a dividend of GBX 5.83 ($0.07) per share. 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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