Investec Has Just Reaffirmed GBX 510.00 Target Price Per Share on Halfor


Halfords Group PLC (LON:HFD) Rating Reaffirmed

In analysts report sent to clients and investors this morning, Investec has decided to restate their Buy rating on Halfords Group PLC (LON:HFD) shares. The TP could mean a possible upside of 52.13% from firm’s closing share price.

From a total of 15 analysts covering Halfords Group PLC (LON:HFD) stock, 5 rate it a ”Buy”, 2 a “Sell”, and 9 a ”Hold”. This means that 31% of the ratings are positive. The highest target price is GBX 555 while the lowest target price is GBX 300. The mean of all analyst targets is GBX 428.73 with a 29.71% above today’s (GBX 336.8) stock price. Halfords Group PLC was the topic of 41 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 14 with “Hold” rating. Berenberg upgraded shares to “Hold” rating and GBX 375 target share price in a report from a November 16. UBS maintained HFD stock in a recent report from November 25 with “Neutral” rating. Haitong Securities downgraded the rating on November 16. Haitong Securities has a “Neutral” rating and a GBX 391 price target on shares. Finally, Numis Securities maintained the stock with “Hold” rating in a report issued on a November 16.

Approximately 132,340 shares of stock traded hands. Halfords Group plc (LON:HFD) has declined 27.64% since May 18, 2015 and is downtrending. It has underperformed by 23.96% the S&P500.

Investec Has Just Reaffirmed GBX 510.00 Target Price Per Share on Halfords Group PLC (LON:HFD) stock, While They’ve Also Reiterated Their Buy Rating

Halfords Group plc is a United Kingdom retailer of automotive and cycling products. The company has a market cap of 673.07 million GBP. The Firm is also engaged operating garage servicing and auto repair in the United Kingdom. It has 10.32 P/E ratio. The Firm operates in two divisions Halfords Retail, which operates in both the United Kingdom and Republic of Ireland, and Halfords Autocentres, which operates in the United Kingdom.