Halfords Group’s (LON:HFD) Buy Rating Reiterated at Liberum Capital

Liberum Capital reissued their buy rating on shares of Halfords Group (LON:HFD) in a report issued on Tuesday, April 2nd, ThisIsMoney.Co.Uk reports.

A number of other research firms have also issued reports on HFD. HSBC reduced their price target on shares of Halfords Group from GBX 340 ($4.44) to GBX 250 ($3.27) and set a hold rating for the company in a research report on Thursday, January 24th. Berenberg Bank reduced their price target on shares of Halfords Group from GBX 290 ($3.79) to GBX 260 ($3.40) and set a hold rating for the company in a research report on Thursday, January 17th. Finally, Numis Securities reissued a buy rating on shares of Halfords Group in a research report on Wednesday, March 27th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of GBX 324.43 ($4.24).

Shares of LON:HFD traded down GBX 1.80 ($0.02) during trading on Tuesday, reaching GBX 237.60 ($3.10). The stock had a trading volume of 129,109 shares, compared to its average volume of 482,717. The stock has a market capitalization of $469.78 million and a P/E ratio of 9.82. The company has a debt-to-equity ratio of 22.49, a quick ratio of 0.32 and a current ratio of 1.18. Halfords Group has a one year low of GBX 199.20 ($2.60) and a one year high of GBX 391 ($5.11).

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.

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Analyst Recommendations for Halfords Group (LON:HFD)

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