Halfords Group plc (LON:HFD) Receives GBX 222.50 Average PT from Brokerages

Halfords Group plc (LON:HFD) has been assigned a consensus recommendation of “Hold” from the seven research firms that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 200 ($2.61).

HFD has been the subject of several analyst reports. Liberum Capital reissued a “buy” rating on shares of Halfords Group in a report on Thursday. Peel Hunt reissued a “sell” rating on shares of Halfords Group in a report on Monday, November 4th. Peel Hunt decreased their price objective on Halfords Group from GBX 200 ($2.61) to GBX 150 ($1.96) and set a “sell” rating for the company in a report on Thursday, October 3rd. Finally, JPMorgan Chase & Co. decreased their price objective on Halfords Group from GBX 210 ($2.74) to GBX 170 ($2.22) and set a “neutral” rating for the company in a report on Friday.

Shares of HFD stock traded up GBX 9 ($0.12) on Thursday, hitting GBX 165 ($2.16). The company had a trading volume of 3,955,566 shares, compared to its average volume of 482,717. The firm has a market cap of $327.75 million and a P/E ratio of 7.86. The company has a 50-day moving average price of GBX 166.84 and a 200-day moving average price of GBX 200.98. The company has a quick ratio of 0.17, a current ratio of 1.20 and a debt-to-equity ratio of 21.76. Halfords Group has a twelve month low of GBX 150 ($1.96) and a twelve month high of GBX 303.80 ($3.97).

The firm also recently declared a dividend, which will be paid on Friday, January 17th. Investors of record on Thursday, December 5th will be issued a GBX 6.18 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, December 5th. This represents a yield of 3.96%. Halfords Group’s payout ratio is 0.90%.

Halfords Group 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.

See Also: Leveraged Buyout (LBO)

Analyst Recommendations for Halfords Group (LON:HFD)

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