Halfords Group’s (HFD) “Sell” Rating Reiterated at Peel Hunt

Halfords Group (LON:HFD)‘s stock had its “sell” rating reissued by research analysts at Peel Hunt in a research note issued to investors on Wednesday, December 20th. They presently have a GBX 325 ($4.41) price target on the stock. Peel Hunt’s price target points to a potential downside of 7.30% from the company’s previous close.

Several other equities research analysts have also recently issued reports on the stock. Deutsche Bank dropped their target price on shares of Halfords Group from GBX 310 ($4.20) to GBX 295 ($4.00) and set a “sell” rating on the stock in a report on Friday, September 8th. Liberum Capital upgraded shares of Halfords Group from a “sell” rating to a “hold” rating and set a GBX 340 ($4.61) price objective on the stock in a research report on Tuesday, September 5th. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 360 ($4.88) price objective on shares of Halfords Group in a research report on Thursday, September 14th. Investec restated a “buy” rating and set a GBX 400 ($5.42) price objective 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 investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the stock. Halfords Group has an average rating of “Hold” and a consensus target price of GBX 361.79 ($4.91).

Halfords Group (LON:HFD) traded down GBX 2.40 ($0.03) during trading hours on Wednesday, hitting GBX 350.60 ($4.75). 486,232 shares of the stock were exchanged, compared to its average volume of 580,679. Halfords Group has a 1 year low of GBX 305.40 ($4.14) and a 1 year high of GBX 389.50 ($5.28). The stock has a market capitalization of $714.43 and a PE ratio of 1,298.52.

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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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