Halfords Group plc (HFD) Earns Buy Rating from Investec

Investec reissued their buy rating on shares of Halfords Group plc (LON:HFD) in a research note published on Thursday morning. Investec currently has a GBX 400 ($5.26) target price on the stock.

HFD has been the subject of several other research reports. Deutsche Bank AG reiterated a sell rating and issued a GBX 295 ($3.88) price target on shares of Halfords Group plc in a research report on Friday, October 6th. N+1 Singer reiterated a buy rating on shares of Halfords Group plc in a research report on Tuesday, September 5th. Beaufort Securities reiterated a hold rating on shares of Halfords Group plc in a research report on Wednesday, September 6th. J P Morgan Chase & Co reiterated a neutral rating and issued a GBX 360 ($4.73) price target on shares of Halfords Group plc in a research report on Tuesday, October 3rd. Finally, Liberum Capital upgraded Halfords Group plc from a sell rating to a hold rating and set a GBX 340 ($4.47) price target for the company in a research report on Tuesday, September 5th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average target price of GBX 353.46 ($4.65).

Shares of Halfords Group plc (HFD) traded up GBX 9.76 ($0.13) during trading on Thursday, hitting GBX 320.56 ($4.22). The stock had a trading volume of 3,310,000 shares, compared to its average volume of 561,675. Halfords Group plc has a 52-week low of GBX 305.40 ($4.02) and a 52-week high of GBX 389.50 ($5.12).

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The business also recently declared a dividend, which will be paid on Friday, January 19th. Stockholders of record on Thursday, December 7th will be paid a dividend of GBX 6 ($0.08) per share. This represents a dividend yield of 1.8%. The ex-dividend date of this dividend is Thursday, December 7th.

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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