Halfords (HFD) Upgraded to Buy at Citigroup

Citigroup upgraded shares of Halfords (LON:HFD) to a buy rating in a research note published on Friday morning.

Other research analysts have also recently issued reports about the company. Liberum Capital reissued a hold rating on shares of Halfords in a research note on Friday, March 23rd. Deutsche Bank reissued a hold rating and set a GBX 340 ($4.81) target price on shares of Halfords in a research note on Friday, January 19th. Canaccord Genuity raised Halfords to a buy rating and boosted their target price for the stock from GBX 370 ($5.23) to GBX 436 ($6.16) in a research note on Friday, January 19th. Peel Hunt reissued a sell rating and set a GBX 325 ($4.59) target price on shares of Halfords in a research note on Wednesday, December 20th. Finally, Numis Securities cut Halfords to a hold rating and set a GBX 360 ($5.09) target price for the company. in a research note on Friday, January 19th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company. Halfords currently has a consensus rating of Hold and a consensus target price of GBX 376.45 ($5.32).

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HFD stock opened at GBX 340.40 ($4.81) on Friday. Halfords has a 12-month low of GBX 305.40 ($4.32) and a 12-month high of GBX 380.50 ($5.38).

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Halfords Company Profile

Halfords Group plc, through its subsidiaries, retails automotive, leisure, and cycling products. It operates in two segments, Retail and Car Servicing. The company offers car parts, cycling products, technology products, kids products, and camping and leisure equipment; and car service, repair, and MOTs to retail and fleet customers.

Analyst Recommendations for Halfords (LON:HFD)

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