Analysts Set Halfords (HFD) Target Price at $377.89

Halfords (LON:HFD) has been assigned a consensus recommendation of “Hold” from the thirteen brokerages that are covering the company, Marketbeat Ratings reports. 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 on the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 377.89 ($5.41).

A number of equities research analysts have commented on the company. Deutsche Bank restated a “hold” rating and set a GBX 340 ($4.87) price objective on shares of Halfords in a research report on Tuesday, January 2nd. Citigroup upgraded Halfords to a “buy” rating in a research report on Friday, April 6th. Canaccord Genuity upgraded Halfords to a “buy” rating and raised their price objective for the stock from GBX 370 ($5.30) to GBX 436 ($6.24) in a research report on Friday, January 19th. JPMorgan Chase restated a “neutral” rating and set a GBX 360 ($5.15) price objective on shares of Halfords in a research report on Friday, January 19th. Finally, Peel Hunt restated a “sell” rating and set a GBX 325 ($4.65) price objective on shares of Halfords in a research report on Thursday, January 18th.

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LON HFD traded up GBX 9.60 ($0.14) during trading on Wednesday, reaching GBX 363.80 ($5.21). 669,301 shares of the company’s stock were exchanged, compared to its average volume of 482,717. Halfords has a fifty-two week low of GBX 305.40 ($4.37) and a fifty-two week high of GBX 380.50 ($5.45).

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About Halfords

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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