Halfords Group (LON:HFD) Receives “Sell” Rating from Peel Hunt
Peel Hunt reiterated their sell rating on shares of Halfords Group (LON:HFD) in a report issued on Monday morning, Stock Target Advisor reports.
HFD has been the subject of several other research reports. Peel Hunt decreased their price target on shares of Halfords Group from GBX 200 ($2.61) to GBX 150 ($1.96) and set a sell rating for the company in a research note on Thursday, October 3rd. JPMorgan Chase & Co. decreased their price target on shares of Halfords Group from GBX 210 ($2.74) to GBX 170 ($2.22) and set a neutral rating for the company in a research note on Friday, November 8th. Finally, Liberum Capital reaffirmed a buy rating on shares of Halfords Group in a research note on Thursday, November 7th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The company has an average rating of Hold and an average target price of GBX 212.50 ($2.78).
Shares of Halfords Group stock traded down GBX 1.90 ($0.02) on Monday, hitting GBX 162.70 ($2.13). 805,287 shares of the company traded hands, compared to its average volume of 482,717. The stock’s 50 day moving average price is GBX 165.19 and its 200-day moving average price is GBX 197.54. The company has a current ratio of 1.20, a quick ratio of 0.17 and a debt-to-equity ratio of 21.76. Halfords Group has a 52 week low of GBX 150 ($1.96) and a 52 week high of GBX 303.80 ($3.97). The company has a market cap of $322.97 million and a PE ratio of 7.75.
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: What is channel trading?
Receive News & Ratings for Halfords Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Halfords Group and related companies with MarketBeat.com's FREE daily email newsletter.