Halfords Group (HFD) Stock Rating Reaffirmed by Liberum Capital

Liberum Capital reiterated their buy rating on shares of Halfords Group (LON:HFD) in a research note published on Thursday. The brokerage currently has a GBX 325 ($4.25) price target on the stock, down from their prior price target of GBX 380 ($4.97).

Other analysts also recently issued reports about the stock. Citigroup reissued a buy rating on shares of Halfords Group in a research report on Friday, September 28th. Berenberg Bank cut their price objective on shares of Halfords Group from GBX 350 ($4.57) to GBX 290 ($3.79) and set a hold rating on the stock in a research report on Thursday, November 29th. Finally, Peel Hunt reissued a sell rating and set a GBX 280 ($3.66) price objective (down from GBX 325 ($4.25)) on shares of Halfords Group in a research report on Thursday, November 8th. One analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 345.67 ($4.52).

HFD stock traded down GBX 2.80 ($0.04) during trading on Thursday, hitting GBX 214 ($2.80). 1,947,957 shares of the stock traded hands, compared to its average volume of 482,717. Halfords Group has a 1 year low of GBX 305.40 ($3.99) and a 1 year high of GBX 380.50 ($4.97).

The company also recently disclosed a dividend, which will be paid on Friday, January 18th. Investors of record on Thursday, December 13th will be given a dividend of GBX 6.18 ($0.08) per share. This represents a yield of 1.99%. The ex-dividend date is Thursday, December 13th.

In related news, insider Loraine Woodhouse purchased 8,321 shares of the company’s stock in a transaction dated Tuesday, November 13th. The shares were purchased at an average price of GBX 299 ($3.91) per share, with a total value of £24,879.79 ($32,509.85).

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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