Halfords Group (LON:HFD) Rating Reiterated by Canaccord Genuity Group

Halfords Group (LON:HFD)‘s stock had its “hold” rating reaffirmed by stock analysts at Canaccord Genuity Group in a research note issued on Monday, MarketBeat Ratings reports. They currently have a GBX 146 ($1.87) price target on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 0.27% from the company’s current price.

Halfords Group Stock Down 2.5 %

Shares of Halfords Group stock opened at GBX 145.60 ($1.86) on Monday. Halfords Group has a 52-week low of GBX 125 ($1.60) and a 52-week high of GBX 244.80 ($3.14). The company has a 50 day moving average of GBX 147.65 and a 200 day moving average of GBX 162.78. The company has a quick ratio of 0.41, a current ratio of 0.98 and a debt-to-equity ratio of 70.56. The company has a market capitalization of £318.76 million, a P/E ratio of 970.67, a P/E/G ratio of 2.80 and a beta of 1.58.

About Halfords Group

Halfords Group plc, through its subsidiaries, provides motoring and cycling products and services in the United Kingdom and the Republic of Ireland. The company operates through two segments, Retail and Car Servicing. The Retail segment is involved in the retail of automotive, leisure, cycling products and accessories, auto parts, and accessories through its stores and online.