Zacks Investment Research upgraded shares of HALFORDS GRP PL/ADR (OTCMKTS:HLFDY) from a sell rating to a buy rating in a research note released on Tuesday morning, Zacks.com reports. The brokerage currently has $4.75 price objective on the stock.
According to Zacks, “Halfords Group Plc engages in the retail of automotive, cycling products as well as auto repair. It operating segments includes Halfords Retail and Halfords Autocentres. Halfords Retail segment comprises the retailing of automotive, leisure and cycling products. Halfords Autocentres segment involves in car servicing and repair operation. Halfords Group Plc is headquartered in Redditch, the United Kingdom. “
OTCMKTS:HLFDY traded up $0.13 during mid-day trading on Tuesday, hitting $4.30. 200 shares of the company’s stock traded hands, compared to its average volume of 249. The company has a market capitalization of $428.10 million, a P/E ratio of 6.72 and a beta of 0.53. HALFORDS GRP PL/ADR has a twelve month low of $4.17 and a twelve month high of $7.55. The company has a fifty day moving average of $4.55 and a 200 day moving average of $5.36. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.34 and a current ratio of 1.20.
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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