Halfords Group (LON:HFD)‘s stock had its “buy” rating reaffirmed by research analysts at Citigroup Inc. in a report released on Thursday, American Banking and Market News reports. They currently have a GBX 545 ($8.92) price objective on the stock. Citigroup Inc.’s price objective would suggest a potential upside of 14.35% from the stock’s previous close.
Halfords Group (LON:HFD) opened at 476.60 on Thursday. Halfords Group has a one year low of GBX 296.50 and a one year high of GBX 496.10. The stock’s 50-day moving average is GBX 447.7 and its 200-day moving average is GBX 380.1. The company’s market cap is £924.1 million.
The company also recently announced a dividend, which is scheduled for Friday, January 24th. Shareholders of record on Wednesday, December 18th will be paid a dividend of $5.20 per share. This represents a dividend yield of 1.09%. The ex-dividend date is Wednesday, December 18th.
A number of other analysts have also recently weighed in on HFD. Analysts at Liberum Capital initiated coverage on shares of Halfords Group in a research note to investors on Tuesday. They set a “buy” rating and a GBX 600 ($9.82) price target on the stock. Separately, analysts at JPMorgan Chase & Co. downgraded shares of Halfords Group to a “neutral” rating in a research note to investors on Monday. They now have a GBX 460 ($7.53) price target on the stock. Finally, analysts at UBS AG raised their price target on shares of Halfords Group from GBX 435 ($7.12) to GBX 530 ($8.68) in a research note to investors on Tuesday, November 26th. They now have a “buy” rating on the stock. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 440.40 ($7.21).
Halfords Group plc is a holding company. The principal activities of the Company are retailing of automotive, leisure and cycling products, and car servicing and repair.
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