What’s Ahead for Halfords Group plc After Today’s Huge Increase?

 What's Ahead for Halfords Group plc After Today's Huge Increase?

The stock of Halfords Group plc (LON:HFD) is a huge mover today! The stock increased 1.72% or GBX 5.78 on November 3, hitting GBX 342.88. About 839,489 shares traded hands or 41.90% up from the average. Halfords Group plc (LON:HFD) has declined 9.76% since April 6, 2016 and is downtrending. It has underperformed by 10.97% the S&P500.
The move comes after 5 months positive chart setup for the GBX 682.74M company. It was reported on Nov, 3 by Barchart.com. We have GBX 565.75 PT which if reached, will make LON:HFD worth GBX 443.78 million more.

Halfords Group plc (LON:HFD) Ratings Coverage

Out of 17 analysts covering Halfords Group PLC (LON:HFD), 5 rate it a “Buy”, 2 “Sell”, while 10 “Hold”. This means 29% are positive. Halfords Group PLC has been the topic of 97 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The rating was maintained by HSBC with “Buy” on Monday, January 18. The company was maintained on Tuesday, July 5 by Liberum Capital. As per Monday, October 12, the company rating was maintained by Liberum Capital. The stock of Halfords Group plc (LON:HFD) has “Sell” rating given on Tuesday, July 12 by Liberum Capital. Berenberg maintained the stock with “Sell” rating in Thursday, September 3 report. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, September 2. Liberum Capital maintained the stock with “Sell” rating in Friday, January 15 report. HSBC maintained it with “Buy” rating and GBX 470 target price in Friday, January 22 report. Liberum Capital maintained Halfords Group plc (LON:HFD) rating on Tuesday, May 24. Liberum Capital has “Sell” rating and GBX 300 price target. As per Monday, February 1, the company rating was maintained by Deutsche Bank.

More recent Halfords Group plc (LON:HFD) news were published by: Fool.Co.Uk which released: “Are these today’s top contrarian buys? Halfords Group plc, Bovis Homes Group …” on June 29, 2016. Also Fool.Co.Uk published the news titled: “Should you buy Halfords Group plc, Cobham plc and Lamprell plc after today’s news?” on June 01, 2016. Fool.Co.Uk‘s news article titled: “Now Is The Time To Buy Vodafone Group plc And Halfords Group plc!” with publication date: November 20, 2015 was also an interesting one.

Halfords Group plc is a retailer of automotive and cycling products. The company has a market cap of 682.74 million GBP. The Firm is also an independent operator in auto repair. It has a 10.57 P/E ratio. It operates in two divisions: Halfords Retail, which operates in both the United Kingdom and Republic of Ireland, and Halfords Autocentres, which operates in the United Kingdom.

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