Halfords Group (LON:HFD) Price Target Raised to GBX 320

Halfords Group (LON:HFD) had its price target increased by Shore Capital Group from GBX 260 to GBX 320 in a research note issued to investors on Wednesday,Digital Look reports. They currently have a buy rating on the stock.

Separately, Canaccord Genuity Group upped their price objective on shares of Halfords Group from GBX 170 to GBX 255 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, Halfords Group presently has a consensus rating of “Buy” and an average target price of GBX 302.50.

Halfords Group Price Performance

Shares of HFD stock opened at GBX 263.52 on Wednesday. The company has a debt-to-equity ratio of 48.29, a quick ratio of 0.41 and a current ratio of 0.89. The business’s 50 day moving average price is GBX 242.19 and its 200-day moving average price is GBX 184.16. The firm has a market cap of £570.74 million, a P/E ratio of 18.05, a P/E/G ratio of 2.80 and a beta of 1.24. Halfords Group has a fifty-two week low of GBX 123.80 and a fifty-two week high of GBX 276.10.

Halfords Group (LON:HFD) last issued its quarterly earnings data on Friday, June 26th. The company reported GBX 15.20 EPS for the quarter. Halfords Group had a net margin of 1.83% and a return on equity of 6.52%. The business had revenue of GBX 180.17 billion during the quarter. On average, equities research analysts anticipate that Halfords Group will post 9.1143911 earnings per share for the current year.

Halfords Group Company Profile

HALFORDS IS THE UK’S LEADING PROVIDER OF MOTORING AND CYCLING PRODUCTS AND SERVICES.
Through Halfords Autocentres, it is also one of the UK’s leading independent operators in vehicle, servicing, maintenance and repairs.

We are a market-leading business, with unique and differentiated products and services.

Our unique mix of stores, garages, mobile vans and home delivery means we can offer customers unparalleled convenience in the motoring and cycling markets…
…We know that our customers want us to be there for them, when they need us.