Halfords Group (LON:HFD) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

Halfords Group (LON:HFD) had its price objective boosted by research analysts at Canaccord Genuity Group from GBX 142 ($1.89) to GBX 151 ($2.01) in a note issued to investors on Thursday, Marketbeat Ratings reports. The brokerage presently has a “hold” rating on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 6.41% from the stock’s current price.

Halfords Group Stock Up 1.8 %

Shares of LON HFD opened at GBX 141.90 ($1.89) on Thursday. The firm has a 50 day moving average price of GBX 127.39 and a 200 day moving average price of GBX 137.05. The company has a debt-to-equity ratio of 59.34, a quick ratio of 0.41 and a current ratio of 0.91. The stock has a market cap of £307.97 million, a P/E ratio of 21.43, a P/E/G ratio of 2.80 and a beta of 1.62. Halfords Group has a 52-week low of GBX 112.60 ($1.50) and a 52-week high of GBX 169.80 ($2.26).

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.