Halfords Group plc (HFD) Receives “Buy” Rating from N+1 Singer
Halfords Group plc (LON:HFD)‘s stock had its “buy” rating reiterated by research analysts at N+1 Singer in a research report issued on Monday. They presently have a GBX 400 ($5.19) price target on the stock. N+1 Singer’s price objective points to a potential upside of 27.92% from the stock’s previous close.
Other equities research analysts have also issued research reports about the stock. Liberum Capital restated a “sell” rating and issued a GBX 340 ($4.41) price target on shares of Halfords Group plc in a research note on Thursday, May 25th. HSBC Holdings plc lowered shares of Halfords Group plc to a “hold” rating and dropped their price target for the company from GBX 415 ($5.39) to GBX 380 ($4.93) in a research note on Wednesday, May 17th. Investec raised their price target on shares of Halfords Group plc from GBX 395 ($5.13) to GBX 400 ($5.19) and gave the company a “buy” rating in a research note on Thursday, May 25th. Peel Hunt restated a “sell” rating and issued a GBX 325 ($4.22) price target on shares of Halfords Group plc in a research note on Friday, May 12th. Finally, Numis Securities Ltd upgraded shares of Halfords Group plc to a “hold” rating and set a GBX 360 ($4.67) price target on the stock in a research note on Tuesday, May 30th. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 354.62 ($4.60).
Halfords Group plc (HFD) opened at 312.70 on Monday. The company has a 50-day moving average price of GBX 332.39 and a 200 day moving average price of GBX 351.53. Halfords Group plc has a 12 month low of GBX 311.30 and a 12 month high of GBX 389.50. The firm’s market cap is GBX 616.08 million.
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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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