Halfords (LON:HFD)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity in a report issued on Tuesday. They presently have a GBX 436 ($5.85) price target on the stock. Canaccord Genuity’s price objective points to a potential upside of 28.24% from the stock’s current price.
Several other equities analysts have also weighed in on HFD. Peel Hunt restated a “sell” rating on shares of Halfords in a report on Tuesday. Liberum Capital restated a “hold” rating on shares of Halfords in a report on Friday, May 18th. HSBC cut their target price on Halfords from GBX 380 ($5.10) to GBX 365 ($4.90) and set a “hold” rating on the stock in a report on Monday, April 23rd. Citigroup upgraded Halfords to a “buy” rating in a report on Friday, April 6th. Finally, Deutsche Bank cut their target price on Halfords from GBX 365 ($4.90) to GBX 360 ($4.83) and set a “hold” rating on the stock in a report on Friday, May 18th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company. Halfords currently has a consensus rating of “Hold” and an average target price of GBX 378.83 ($5.08).
HFD opened at GBX 340 ($4.56) on Tuesday. Halfords has a 1 year low of GBX 305.40 ($4.10) and a 1 year high of GBX 380.50 ($5.11).
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.
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