Halfords Group plc (HFD) Receives GBX 324.43 Consensus PT from Analysts

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Shares of Halfords Group plc (LON:HFD) have earned an average rating of “Hold” from the eight research firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 324.43 ($4.24).

A number of research firms recently commented on HFD. HSBC decreased their target price on Halfords Group from GBX 340 ($4.44) to GBX 250 ($3.27) and set a “hold” rating for the company in a report on Thursday, January 24th. Liberum Capital reissued a “buy” rating on shares of Halfords Group in a research report on Wednesday, November 14th. Berenberg Bank dropped their price target on Halfords Group from GBX 350 ($4.57) to GBX 290 ($3.79) and set a “hold” rating for the company in a research report on Thursday, November 29th. Finally, Peel Hunt reissued a “sell” rating and set a GBX 280 ($3.66) price target (down previously from GBX 325 ($4.25)) on shares of Halfords Group in a research report on Thursday, November 8th.

Shares of LON HFD traded down GBX 0.20 ($0.00) during midday trading on Tuesday, reaching GBX 228.60 ($2.99). 252,108 shares of the stock traded hands, compared to its average volume of 482,717. Halfords Group has a one year low of GBX 305.40 ($3.99) and a one year high of GBX 380.50 ($4.97).

In other Halfords Group news, insider Keith Williams purchased 80,000 shares of Halfords Group stock in a transaction dated Wednesday, January 16th. The stock was acquired at an average cost of GBX 239 ($3.12) per share, with a total value of £191,200 ($249,836.67). Also, insider Loraine Woodhouse purchased 14,074 shares of Halfords Group stock in a transaction dated Friday, January 11th. The stock was acquired at an average cost of GBX 212 ($2.77) per share, with a total value of £29,836.88 ($38,987.17). Insiders have bought 102,395 shares of company stock worth $24,591,667 in the last 90 days.

About Halfords Group

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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Analyst Recommendations for Halfords Group (LON:HFD)

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