Halfords Group (HFD) Earns Hold Rating from Deutsche Bank

Deutsche Bank reissued their hold rating on shares of Halfords Group (LON:HFD) in a report released on Tuesday morning. They currently have a GBX 340 ($4.55) target price on the stock.

HFD has been the subject of several other reports. Investec reaffirmed a buy rating and issued a GBX 400 ($5.35) price objective on shares of Halfords Group in a report on Wednesday, September 13th. reaffirmed a buy rating and issued a GBX 400 ($5.35) price objective on shares of Halfords Group in a report on Thursday, November 9th. N+1 Singer reaffirmed a buy rating on shares of Halfords Group in a report on Tuesday, September 5th. reaffirmed a buy rating and issued a GBX 400 ($5.35) price objective on shares of Halfords Group in a report on Thursday, November 9th. Finally, Beaufort Securities reissued a hold rating on shares of Halfords Group in a report on Wednesday, September 6th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company’s stock. Halfords Group currently has an average rating of Hold and a consensus price target of GBX 362.67 ($4.85).

Shares of Halfords Group (LON HFD) traded up GBX 4 ($0.05) during midday trading on Tuesday, reaching GBX 360 ($4.81). The company’s stock had a trading volume of 252,497 shares, compared to its average volume of 602,370. The firm has a market cap of $708.86 and a PE ratio of 1,333.33. Halfords Group has a 52-week low of GBX 305.40 ($4.08) and a 52-week high of GBX 389.50 ($5.21).

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

TRADEMARK VIOLATION WARNING: “Halfords Group (HFD) Earns Hold Rating from Deutsche Bank” was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this piece on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this piece can be read at https://www.dispatchtribunal.com/2018/01/05/halfords-group-hfd-earns-hold-rating-from-deutsche-bank.html.

About Halfords Group

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)

Receive News & Ratings for Halfords Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Halfords Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply