Halfords Group plc (HFD) Stock Rating Reaffirmed by Deutsche Bank AG

Halfords Group plc (LON:HFD)‘s stock had its “sell” rating reiterated by stock analysts at Deutsche Bank AG in a report issued on Friday. They presently have a GBX 295 ($3.91) target price on the stock. Deutsche Bank AG’s price target suggests a potential downside of 14.24% from the company’s current price.

A number of other brokerages have also recently issued reports on HFD. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 360 ($4.78) price objective on shares of Halfords Group plc in a report on Tuesday, October 3rd. HSBC Holdings plc reissued a “hold” rating and set a GBX 380 ($5.04) price objective on shares of Halfords Group plc in a report on Friday, June 30th. Liberum Capital reissued a “sell” rating and set a GBX 340 ($4.51) price objective on shares of Halfords Group plc in a report on Friday, July 7th. Beaufort Securities reissued a “hold” rating on shares of Halfords Group plc in a report on Wednesday, September 6th. Finally, Peel Hunt reissued a “sell” rating and set a GBX 325 ($4.31) price objective on shares of Halfords Group plc in a report on Tuesday, September 5th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 353.46 ($4.69).

Halfords Group plc (LON:HFD) opened at 344.00 on Friday. Halfords Group plc has a 1-year low of GBX 305.40 and a 1-year high of GBX 389.50. The firm’s market cap is GBX 677.74 million. The company has a 50-day moving average price of GBX 326.13 and a 200-day moving average price of GBX 345.54.

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Halfords Group plc Company Profile

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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