Halfords Group plc (LON:HFD) Given Average Recommendation of “Hold” by Brokerages

Shares of Halfords Group plc (LON:HFD) have received a consensus rating of “Hold” from the fourteen analysts that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 354.55 ($4.62).

A number of brokerages have recently weighed in on HFD. HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 415 ($5.40) price objective on shares of Halfords Group plc in a research note on Monday, April 24th. N+1 Singer reaffirmed a “buy” rating and issued a GBX 400 ($5.21) price objective on shares of Halfords Group plc in a research note on Wednesday, May 3rd. Liberum Capital reiterated a “sell” rating and issued a GBX 340 ($4.43) target price on shares of Halfords Group plc in a report on Wednesday, May 3rd. Numis Securities Ltd upgraded Halfords Group plc to a “hold” rating and set a GBX 360 ($4.69) target price for the company in a report on Tuesday, May 30th. Finally, Canaccord Genuity lifted their target price on Halfords Group plc from GBX 360 ($4.69) to GBX 370 ($4.82) and gave the company a “hold” rating in a report on Friday, May 26th.

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Shares of Halfords Group plc (LON HFD) traded up 0.12% during midday trading on Friday, hitting GBX 331.00. The company’s stock had a trading volume of 342,199 shares. The firm has a 50-day moving average of GBX 338.18 and a 200 day moving average of GBX 353.99. The firm’s market cap is GBX 652.13 million. Halfords Group plc has a 12-month low of GBX 312.00 and a 12-month high of GBX 389.50.

The firm also recently declared a dividend, which will be paid on Friday, August 25th. Shareholders of record on Thursday, August 3rd will be issued a dividend of GBX 11.68 ($0.15) per share. This represents a yield of 3.16%. This is an increase from Halfords Group plc’s previous dividend of $10.00. The ex-dividend date is Thursday, August 3rd.

About Halfords Group plc

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 plc (LON:HFD)

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