Canaccord Genuity Group Issues Positive Forecast for Halfords Group (LON:HFD) Stock Price

Halfords Group (LON:HFD - Get Free Report) had its price target boosted by stock analysts at Canaccord Genuity Group from GBX 142 ($1.90) to GBX 151 ($2.02) in a research report issued on Thursday, MarketBeat Ratings reports. The brokerage presently has a "hold" rating on the stock. Canaccord Genuity Group's price objective would indicate a potential upside of 6.49% from the stock's current price.

Halfords Group Trading Down 0.1 %

LON HFD traded down GBX 0.20 ($0.00) on Thursday, hitting GBX 141.80 ($1.90). The company's stock had a trading volume of 554,929 shares, compared to its average volume of 1,337,927. The firm has a market cap of £307.75 million, a P/E ratio of 21.42, a PEG ratio of 2.80 and a beta of 1.62. Halfords Group has a 52-week low of GBX 112.60 ($1.51) and a 52-week high of GBX 169.80 ($2.27). The company's 50-day simple moving average is GBX 127.41 and its 200 day simple moving average is GBX 136.85. The company has a current ratio of 0.91, a quick ratio of 0.41 and a debt-to-equity ratio of 59.34.

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.