Halfords Group plc -1.4% potential downside indicated by Canaccord Genuity

Halfords Group plc with ticker (LON:HFD) now has a potential downside of -1.4% according to Canaccord Genuity.

HFD.L

Canaccord Genuity set a target price of 146 GBX for the company, which when compared to the Halfords Group plc share price of 148 GBX at opening today (26/07/2024) indicates a potential downside of -1.4%. Trading has ranged between 125 (52 week low) and 245 (52 week high) with an average of 717,453 shares exchanging hands daily. The market capitalisation at the time of writing is £329,706,635.

Halfords Group plc is a United Kingdom-based provider of motoring and cycling products and services. The Company operates through two segments: Retail and Car Servicing. The operations of the Retail segment comprise the retailing of automotive, leisure and cycling products and services through retail stores and online platforms. The operations of the Car Servicing segment comprise car servicing and repair performed from garages and vans. The Company has an approximately 393 Halfords Retail and two Performance Cycling stores offering a wide range of motoring and cycling products and on demand services. It has an approximately 643 garages offering MOT, service, maintenance and repair services. It has approximately 264 mobile service vans, 479 Commercial vans and five Cycling vans. The Company’s product categories include motoring products, mainstream cycling products and performance cycling products. Its services include retail motoring, retail cycling and auto centers/mobile expert.