Broker tips: Darktrace, Halfords, Asos
26th May 2023 07:43
(Sharecast News) - Cybersecurity firm Darktrace tumbled on Friday after Bank of America Merrill Lynch initiated coverage of the stock with an 'underperform' rating and a "street-low" price target of 240p, which implies 18% downside potential.
Read moreHalfords forecasts mid-term sales and profit growth
18th Apr 2023 08:16
(Sharecast News) - Bicycle and car products retailer Halfords said on Tuesday that it expects to see a rise in sales and profit in the mid term, as it recovers from "challenging conditions".
Read moreHalfords cuts FY profit guidance, shares tumble
12th Jan 2023 08:29
(Sharecast News) - Halfords shares tumbled on Thursday after the motoring and cycling products retailer cut its full-year profit guidance amid weakness in the consumer tyre market and labour shortages.
Read moreHalfords sees FY profits at lower end of guidance, shares tumble
23rd Nov 2022 08:11
(Sharecast News) - Halfords warned on Wednesday that full-year underlying pre-tax profit was set to be at the lower end of its guidance range as it pointed to a "softening" in more discretionary areas of spending.
Read moreHalfords acquires LTC Trading and Lodge Tyre subsidiary
5th Oct 2022 07:58
(Sharecast News) - Motoring and cycling products retailer Halfords has acquired LTC Trading Holdings and its Lodge Tyre subsidiary in a deal valued at as much as £37.2m.
Read moreHalfords backs FY profit guidance as revenues rise
7th Sep 2022 08:19
(Sharecast News) - Halfords backed its full-year profit guidance on Wednesday following a good performance across the business, as it reported a rise in revenues.
Read moreHalfords fined over unwanted marketing emails
6th Sep 2022 10:51
(Sharecast News) - Halfords has been fined for sending marketing emails to nearly 500,000 people without their consent.
Read morePanmure cuts Halfords to 'hold', shares tank
23rd Aug 2022 09:15
(Sharecast News) - Halfords shares tanked on Tuesday after Panmure Gordon downgraded the stock to 'hold' from 'buy' and slashed the price target to 150p from 300p.
Read moreHalfords tumbles as it warns of uncertanty ahead
16th Jun 2022 08:17
(Sharecast News) - Halfords shares were well into negative territory on Thursday after it warned of a 23% fall in profits this year amid surging inflation and economic uncertainty, despite reporting strong full-year growth.
Read moreHalfords hails 'exceptional' Autocentres performance but bike sales drop
13th Jan 2022 08:22
(Sharecast News) - Halfords backed its full-year profit expectations on Thursday as it reported a strong third-quarter sales performance from Autocentres but a drop in bike sales.
Read moreHalfords buys National garage chain for £62m
2nd Dec 2021 07:52
(Sharecast News) - Halfords has agreed to buy the owner of the National garage chain for £62m in cash to rev up the group's expansion of its garage business.
Read moreHalfords lifts profit expectations, shares surge
10th Nov 2021 09:08
(Sharecast News) - Halfords upgraded its outlook for full-year profits on Wednesday as it reported growth in first-half profit and revenue, sending shares in the motoring and cycling products retailer surging.
Read moreHalfords appoints Virgin Active exec Jo Hartley as new CFO
13th Oct 2021 09:48
(Sharecast News) - Halfords has appointed Jo Hartley as its new chief financial officer, succeeding Loraine Woodhouse.
Read moreHalfords backs FY profit expectations but warns over supply chain disruption
8th Sep 2021 09:23
(Sharecast News) - Halfords backed its full-year profit expectations on Wednesday as it reported a jump in revenues, but warned that supply chain disruption was affecting its bicycles business.
Read moreHalfords FY profits boosted by boom in demand for e-scooters, e-bikes
17th Jun 2021 09:34
(Sharecast News) - Halfords reinstated its dividend on Thursday and posted a rise in full-year profits and revenue as it benefits from a boom in demand for e-bikes and e-scooters amid the pandemic.
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