Peel Hunt Reaffirms “Sell” Rating for Halfords Group (LON:HFD)
Peel Hunt reaffirmed their sell rating on shares of Halfords Group (LON:HFD) in a report released on Monday morning, ThisIsMoney.Co.Uk reports.
Other equities research analysts have also issued reports about the stock. Peel Hunt decreased their price objective on shares of Halfords Group from GBX 200 ($2.63) to GBX 150 ($1.97) and set a sell rating on the stock in a research report on Thursday, October 3rd. Liberum Capital reiterated a buy rating on shares of Halfords Group in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Halfords Group from GBX 210 ($2.76) to GBX 170 ($2.24) and set a neutral rating on the stock in a research report on Friday, November 8th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. Halfords Group currently has a consensus rating of Hold and a consensus target price of GBX 190 ($2.50).
Halfords Group stock opened at GBX 145.50 ($1.91) on Monday. Halfords Group has a 52 week low of GBX 141.20 ($1.86) and a 52 week high of GBX 261.20 ($3.44). The company has a quick ratio of 0.20, a current ratio of 0.75 and a debt-to-equity ratio of 122.92. The firm’s 50-day simple moving average is GBX 165.07 and its 200 day simple moving average is GBX 177.45. The firm has a market capitalization of $289.72 million and a PE ratio of 7.00.
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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