Halfords Group plc (HFD) Receives GBX 354.55 Consensus Price Target from Brokerages

Halfords Group plc (LON:HFD) has been given a consensus rating of “Hold” by the fifteen research firms that are currently covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is GBX 350 ($4.57).

HFD has been the subject of a number of research reports. Canaccord Genuity lifted their price objective on shares of Halfords Group plc from GBX 360 ($4.70) to GBX 370 ($4.83) and gave the stock a “hold” rating in a report on Friday, May 26th. Numis Securities Ltd raised shares of Halfords Group plc to a “hold” rating and set a GBX 360 ($4.70) price objective for the company in a report on Tuesday, May 30th. Liberum Capital lifted their price objective on shares of Halfords Group plc from GBX 290 ($3.79) to GBX 340 ($4.44) and gave the stock a “sell” rating in a report on Wednesday, April 19th. Peel Hunt reissued a “sell” rating and set a GBX 325 ($4.24) price target on shares of Halfords Group plc in a report on Friday, May 12th. Finally, HSBC Holdings plc reissued a “buy” rating and set a GBX 415 ($5.42) price target on shares of Halfords Group plc in a report on Monday, April 24th.

Shares of Halfords Group plc (HFD) opened at 333.90 on Tuesday. The company has a 50-day moving average of GBX 357.68 and a 200 day moving average of GBX 358.38. Halfords Group plc has a 52-week low of GBX 312.00 and a 52-week high of GBX 389.50. The stock’s market cap is GBX 657.84 million.

The firm also recently declared a dividend, which will be paid on Friday, August 25th. Shareholders of record on Thursday, August 3rd will be given a GBX 11.68 ($0.15) dividend. The ex-dividend date of this dividend is Thursday, August 3rd. This is a boost from Halfords Group plc’s previous dividend of $10.00. This represents a yield of 3.16%.

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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.

Analyst Recommendations for Halfords Group plc (LON:HFD)

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