Shares of Halfords Group plc (LON:HFD) have been given a consensus recommendation of “Hold” by the ten brokerages that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 345.67 ($4.52).
Several equities analysts have recently weighed in on the company. HSBC decreased their price objective on Halfords Group from GBX 360 ($4.70) to GBX 340 ($4.44) and set a “hold” rating for the company in a report on Thursday. Liberum Capital reiterated a “buy” rating and set a GBX 325 ($4.25) price target (down previously from GBX 380 ($4.97)) on shares of Halfords Group in a report on Thursday. Peel Hunt reiterated 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 report on Thursday, November 8th. Berenberg Bank reduced 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 report on Thursday, November 29th. Finally, Citigroup reiterated a “buy” rating on shares of Halfords Group in a report on Friday, September 28th.
In other Halfords Group news, insider Loraine Woodhouse purchased 14,074 shares of Halfords Group stock in a transaction that occurred on Friday, January 11th. The stock was acquired at an average price of GBX 212 ($2.77) per share, for a total transaction of £29,836.88 ($38,987.17).
The firm also recently declared a dividend, which will be paid on Friday, January 18th. Investors of record on Thursday, December 13th will be issued a dividend of GBX 6.18 ($0.08) per share. This represents a yield of 1.99%. The ex-dividend date of this dividend is Thursday, December 13th.
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: Moving Average (MA)
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