Halfords (HFD) Hits New 52-Week High at $384.80

Shares of Halfords (LON:HFD) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 384.80 ($5.37) and last traded at GBX 380 ($5.30), with a volume of 435618 shares. The stock had previously closed at GBX 377.60 ($5.27).

HFD has been the subject of a number of recent research reports. Citigroup raised Halfords to a “buy” rating in a report on Friday, April 6th. Canaccord Genuity raised Halfords to a “buy” rating and raised their price target for the company from GBX 370 ($5.16) to GBX 436 ($6.08) in a report on Friday, January 19th. Deutsche Bank reaffirmed a “hold” rating and set a GBX 340 ($4.74) price target on shares of Halfords in a report on Tuesday, January 2nd. Numis Securities downgraded Halfords to a “hold” rating and set a GBX 360 ($5.02) price target for the company. in a report on Friday, January 19th. Finally, Liberum Capital reaffirmed a “hold” rating and set a GBX 340 ($4.74) price target on shares of Halfords in a report on Friday, January 19th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 377.17 ($5.26).

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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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