Peel Hunt Reaffirms “Sell” Rating for Halfords Group (LON:HFD)

Peel Hunt restated their sell rating on shares of Halfords Group (LON:HFD) in a research report released on Monday, ThisIsMoney.Co.Uk reports.

A number of other analysts have also recently weighed in on HFD. Liberum Capital reissued a buy rating on shares of Halfords Group in a report on Thursday, November 7th. Peel Hunt cut their price objective on shares of Halfords Group from GBX 200 ($2.63) to GBX 150 ($1.97) and set a sell rating on the stock in a report on Thursday, October 3rd. Finally, JPMorgan Chase & Co. cut their price objective on shares of Halfords Group from GBX 210 ($2.76) to GBX 170 ($2.24) and set a neutral rating on the stock in a report on Friday, November 8th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus price target of GBX 190 ($2.50).

HFD stock opened at GBX 145.50 ($1.91) on Monday. The company has a current ratio of 0.75, a quick ratio of 0.20 and a debt-to-equity ratio of 122.92. Halfords Group has a twelve month low of GBX 141.20 ($1.86) and a twelve month high of GBX 261.20 ($3.44). The company’s 50 day moving average is GBX 165.07 and its two-hundred day moving average is GBX 177.45. The stock has a market cap of $289.72 million and a P/E ratio of 7.00.

The business also recently disclosed a dividend, which will be paid on Friday, January 17th. Shareholders of record on Thursday, December 5th will be issued a dividend of GBX 6.18 ($0.08) per share. The ex-dividend date is Thursday, December 5th. This represents a yield of 3.96%. Halfords Group’s payout ratio is currently 0.91%.

About Halfords Group

Halfords Group plc, through its subsidiaries, retails automotive, leisure, and cycling products in the United Kingdom and the Republic of Ireland. It operates in two segments, Retail and Car Servicing. The company retails auto parts, accessories, cycles, and cycle accessories; and provides garage servicing and auto repair services.

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Analyst Recommendations for Halfords Group (LON:HFD)

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