Deutsche Bank Raises Halfords Group (HFD) Price Target to GBX 340

Halfords Group (LON:HFD) had its price target raised by equities research analysts at Deutsche Bank from GBX 295 ($3.97) to GBX 340 ($4.58) in a research report issued on Friday. The brokerage currently has a “hold” rating on the stock. Deutsche Bank’s target price indicates a potential upside of 1.71% from the stock’s current price.

Several other equities research analysts have also recently issued reports on the company. Peel Hunt reissued a “sell” rating and set a GBX 325 ($4.37) target price on shares of Halfords Group in a research note on Tuesday, September 5th. Liberum Capital raised Halfords Group from a “sell” rating to a “hold” rating and set a GBX 340 ($4.58) target price for the company in a research note on Tuesday, September 5th. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 360 ($4.85) price target on shares of Halfords Group in a research report on Thursday, September 14th. Investec restated a “buy” rating and set a GBX 400 ($5.38) price target on shares of Halfords Group in a research report on Wednesday, September 13th. Finally, N+1 Singer restated a “buy” rating on shares of Halfords Group in a research report on Tuesday, September 5th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. Halfords Group presently has a consensus rating of “Hold” and a consensus target price of GBX 362.67 ($4.88).

Shares of Halfords Group (HFD) opened at GBX 334.30 ($4.50) on Friday. Halfords Group has a one year low of GBX 305.40 ($4.11) and a one year high of GBX 389.50 ($5.24).

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Halfords Group 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 (LON:HFD)

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