Halfords Share Price (HFD)

https://www.halfords.com/bikes/mountain-bikes/
before the lockdown these were in the hundreds !!!!!!!!!!!!!!!!!!!!!!!!
Now in the THOUSANDS !!!!!!!!!!!!!!!!!!!!!!!!!

to cycle to and from work, branches open throughout the supposed lockdown, on line sales through the roof, be it bikes or exercise traing equipment (all now short of stock, but site says more on the way) it is, and will continue to be Halfords day, or should I say the next what........ 12 months at least. As soon as stock arrives it seems to be snapped up. Viweing figures on their site that used to say something like 250 viewed today, now say 2000 plus by the end of the day!! Have a look!
All IMHO.

Latest Broker Views on HFD Halfords...........

Halfords Group Broker Views
Date Broker Recomm. Price Old Target New Target Notes
28 May Peel Hunt Buy 189.50 250.00 - Reiterates
12 May Liberum Capital Buy 189.50 200.00 250.00 Reiterates
11 May Peel Hunt Buy 189.50 150.00 250.00 Reiterates

Both recent covering brokers going for a 250p SP target.

HFD Halfords, mentioned on SKY and BBC and ITV news today, with people trying to snap up cycles after Grant Shapps speech below......

Transport minister Grant Shapps said on *Saturday that even with public transport reverting to a full service, once social distancing rules were taken into account there would only be effective capacity for one in 10 passengers in many parts of the UK transport network, just a tenth of the pre-crisis capacity.

He urged Britons to continue to work from home where possible, but said those who did have to commute to work should consider cycling or walking rather than taking to their cars.

He said the UK's road infrastructure would be changed to accommodate more cyclists.

Shapps also said E-scooter trials would be brought forward, with the potential for rental vehicles on UK roads as early as June.

Halfords is Britain's biggest cycling retailer with a market share of about 25% and 450 repair centres. It is also market leader in E-scooters.

"Saturday's evangelical Department of Transport speech could have been written by Halfords' CEO, with its very helpful remarks on cycling and E-scooters," said analysts at Peel Hunt.

*https://www.marketscreener.com/HALFORDS-GROUP-PLC-9590208/news/Halfords-shares-soar-after-Britons-told-cycle-to-work-as-lockdown-eases-30578458/

https://uk.advfn.com/p.php?pid=legacydaily&epic=L^HFD&type=4&size=3&period=7&ind_type1=1&ind1_1=&ind2_1=&olx_1=3&ma_type1=3&o_1maday1=10&o_2maday1=&o_colour1=1&olx_2=3&ma_type2=3&o_1maday2=50&o_2maday2=&o_colour2=2&olx_3=3&ma_type3=3&o_1maday3=200&o_2maday3=&o_colour3=3&scheme=&delay_indices=DELAYED_INDICES

Halfords : UK's Halfords to reopen 53 stores to customers

https://www.marketscreener.com/HALFORDS-GROUP-PLC-9590208/news/Halfords-UK-s-Halfords-to-reopen-53-stores-to-customers-30677557/

It was originally this week but was changed in the 6th May update.
I am hoping for a cracking update on the outlook in July.
Good luck