Brokerages Set Halfords Group plc (LON:HFD) Price Target at $354.55
Halfords Group plc (LON:HFD) has earned a consensus recommendation of “Hold” from the fourteen brokerages that are currently covering the company, MarketBeat reports. Four analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 354.55 ($4.62).
HFD has been the topic of a number of recent analyst reports. Canaccord Genuity raised their price objective on Halfords Group plc from GBX 360 ($4.69) to GBX 370 ($4.82) and gave the company a “hold” rating in a research note on Friday, May 26th. Numis Securities Ltd raised Halfords Group plc to a “hold” rating and set a GBX 360 ($4.69) price target on the stock in a research report on Tuesday, May 30th. Liberum Capital boosted their price objective on Halfords Group plc from GBX 290 ($3.78) to GBX 340 ($4.43) and gave the company a “sell” rating in a research report on Wednesday, April 19th. Peel Hunt restated a “sell” rating and set a GBX 325 ($4.23) price objective on shares of Halfords Group plc in a research report on Friday, May 12th. Finally, HSBC Holdings plc restated a “buy” rating and set a GBX 415 ($5.40) price objective on shares of Halfords Group plc in a research report on Monday, April 24th.
Halfords Group plc (LON HFD) opened at 328.80 on Monday. The stock’s market capitalization is GBX 647.80 million. Halfords Group plc has a 12-month low of GBX 312.00 and a 12-month high of GBX 389.50. The firm’s 50-day moving average is GBX 339.07 and its 200 day moving average is GBX 354.74.
The company also recently disclosed a dividend, which will be paid on Friday, August 25th. Stockholders of record on Thursday, August 3rd will be given a dividend of GBX 11.68 ($0.15) per share. This is a boost from Halfords Group plc’s previous dividend of $10.00. This represents a dividend yield of 3.16%. The ex-dividend date is Thursday, August 3rd.
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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