Zacks Investment Research Downgrades HALFORDS GRP PL/ADR (HLFDY) to Hold

Zacks Investment Research cut shares of HALFORDS GRP PL/ADR (OTCMKTS:HLFDY) from a buy rating to a hold rating in a research report released on Tuesday, Zacks.com reports.

According to Zacks, “Halfords Group Plc engages in the retail of automotive, cycling products as well as auto repair. It operating segments includes Halfords Retail and Halfords Autocentres. Halfords Retail segment comprises the retailing of automotive, leisure and cycling products. Halfords Autocentres segment involves in car servicing and repair operation. Halfords Group Plc is headquartered in Redditch, the United Kingdom. “

Shares of OTCMKTS HLFDY opened at $6.58 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.18 and a quick ratio of 0.34. The firm has a market cap of $655.11 million, a P/E ratio of 8.44 and a beta of 0.65. HALFORDS GRP PL/ADR has a 1-year low of $6.40 and a 1-year high of $10.78.

HALFORDS GRP PL/ADR Company Profile

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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