Halfords Group plc (HFD) Rating Reiterated by Numis Securities Ltd
Halfords Group plc (LON:HFD)‘s stock had its “reduce” rating reissued by stock analysts at Numis Securities Ltd in a note issued to investors on Monday. They currently have a GBX 310 ($3.87) target price on the stock. Numis Securities Ltd’s price target would indicate a potential downside of 4.05% from the stock’s previous close.
Other research analysts have also issued research reports about the stock. Canaccord Genuity raised their price objective on shares of Halfords Group plc from GBX 340 ($4.25) to GBX 370 ($4.62) and gave the company a ” hold” rating in a research note on Wednesday, September 7th. Investec reissued a “buy” rating and issued a GBX 390 ($4.87) price objective on shares of Halfords Group plc in a research note on Monday, November 7th. Beaufort Securities reissued a “buy” rating on shares of Halfords Group plc in a research note on Wednesday, September 7th. Deutsche Bank AG lowered their price objective on shares of Halfords Group plc from GBX 330 ($4.12) to GBX 320 ($4.00) and set a “hold” rating for the company in a research note on Friday, November 11th. Finally, Peel Hunt reissued a “hold” rating and issued a GBX 315 ($3.94) price objective on shares of Halfords Group plc in a research note on Thursday, November 10th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 368.87 ($4.61).
Shares of Halfords Group plc (LON:HFD) opened at 323.10 on Monday. The stock’s market cap is GBX 631.01 million. Halfords Group plc has a 52-week low of GBX 299.50 and a 52-week high of GBX 452.28. The firm’s 50-day moving average is GBX 339.24 and its 200 day moving average is GBX 364.43.
The firm also recently announced a dividend, which will be paid on Friday, January 20th. Stockholders of record on Thursday, December 15th will be issued a GBX 5.83 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, December 15th. This represents a dividend yield of 1.82%.
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.
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