Halfords Group’s (HFD) “Buy” Rating Reaffirmed at Shore Capital Group

Halfords Group (LON:HFD)‘s stock had its “buy” rating reiterated by stock analysts at Shore Capital Group in a research note issued on Tuesday,London Stock Exchange reports.

Separately, Canaccord Genuity Group upgraded Halfords Group to a “buy” rating and boosted their price objective for the company from GBX 156 to GBX 170 in a report on Friday, May 1st. Two analysts have rated the stock with a Buy rating, According to MarketBeat, Halfords Group has an average rating of “Buy” and a consensus target price of GBX 170.

Halfords Group Stock Up 2.2%

HFD stock traded up GBX 4 during trading on Tuesday, reaching GBX 183. 452,607 shares of the stock were exchanged, compared to its average volume of 1,105,757. The firm’s 50 day moving average is GBX 150.41 and its 200 day moving average is GBX 145.38. Halfords Group has a twelve month low of GBX 123.80 and a twelve month high of GBX 185.61. The company has a current ratio of 0.84, a quick ratio of 0.41 and a debt-to-equity ratio of 50.72. The firm has a market cap of £398.72 million, a P/E ratio of -11.88, a price-to-earnings-growth ratio of 2.80 and a beta of 1.19.

About Halfords Group

HALFORDS IS THE UK’S LEADING PROVIDER OF MOTORING AND CYCLING PRODUCTS AND SERVICES.
Through Halfords Autocentres, it is also one of the UK’s leading independent operators in vehicle, servicing, maintenance and repairs.

We are a market-leading business, with unique and differentiated products and services.

Our unique mix of stores, garages, mobile vans and home delivery means we can offer customers unparalleled convenience in the motoring and cycling markets…
…We know that our customers want us to be there for them, when they need us.