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Peel Hunt Reaffirmed Halfords Group PLC (LON:HFD) As “Sell”; Has Target Of GBX 325.00; Renaissance Group Has Increased Wipro LTD (WIT) Position By $7.03 Million

Peel Hunt currently has a GBX 325.00 target on the 669.99M GBP market cap company or -4.89% downside potential. In a note revealed to clients and investors on 5 December, Halfords Group PLC (LON:HFD) stock had its “Sell” Rating reiterated by analysts at Peel Hunt.

Renaissance Group Llc increased Wipro Ltd (WIT) stake by 114.89% reported in 2017Q2 SEC filing. Renaissance Group Llc acquired 1.41 million shares as Wipro Ltd (WIT)’s stock rose 9.77%. The Renaissance Group Llc holds 2.63 million shares with $13.67 million value, up from 1.22 million last quarter. Wipro Ltd now has $20.83 billion valuation. The stock decreased 0.58% or $0.03 during the last trading session, reaching $5.12. About 1.01 million shares traded. Wipro Limited (NYSE:WIT) has declined 11.96% since December 5, 2016 and is downtrending. It has underperformed by 28.66% the S&P500.

Renaissance Group Llc decreased The Charles Schwab Corp (NYSE:SCHW) stake by 7,520 shares to 734,805 valued at $31.57 million in 2017Q2. It also reduced Facebook Inc (NASDAQ:FB) stake by 7,020 shares and now owns 222,749 shares. Apple Inc (NASDAQ:AAPL) was reduced too.

Among 10 analysts covering Wipro Limited (NYSE:WIT), 1 have Buy rating, 6 Sell and 3 Hold. Therefore 10% are positive. Wipro Limited has $277 highest and $8.50 lowest target. $142.75’s average target is 2688.09% above currents $5.12 stock price. Wipro Limited had 12 analyst reports since August 5, 2015 according to SRatingsIntel. Nomura downgraded the stock to “Reduce” rating in Monday, October 24 report. The stock has “Neutral” rating by Bank of America on Friday, July 21. The stock has “Underperform” rating by Sterne Agee CRT on Thursday, December 17. The rating was upgraded by Zacks to “Hold” on Tuesday, September 22. On Wednesday, August 5 the stock rating was downgraded by Zacks to “Hold”. The stock has “Underperform” rating by Jefferies on Wednesday, June 7. The firm has “Underperform” rating by Wedbush given on Friday, September 9. The stock of Wipro Limited (NYSE:WIT) has “Sell” rating given on Thursday, April 21 by Citigroup. The stock of Wipro Limited (NYSE:WIT) earned “Buy” rating by CLSA on Friday, January 6. The firm has “Outperform” rating given on Friday, July 7 by CLSA.

The stock increased 0.15% or GBX 0.5 during the last trading session, reaching GBX 341.6. About 367,015 shares traded. Halfords Group plc (LON:HFD) has 0.00% since December 5, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 18 analysts covering Halfords Group PLC (LON:HFD), 4 have Buy rating, 3 Sell and 11 Hold. Therefore 22% are positive. Halfords Group PLC has GBX 640 highest and GBX 290 lowest target. GBX 376.47’s average target is 10.21% above currents GBX 341.6 stock price. Halfords Group PLC had 160 analyst reports since August 4, 2015 according to SRatingsIntel. Beaufort Securities downgraded the stock to “Hold” rating in Friday, November 11 report. Liberum Capital maintained Halfords Group plc (LON:HFD) rating on Friday, January 15. Liberum Capital has “Sell” rating and GBX 300 target. N+1 Singer maintained Halfords Group plc (LON:HFD) on Monday, January 23 with “Buy” rating. The rating was maintained by Investec on Thursday, May 25 with “Buy”. The rating was maintained by Haitong Securities with “Neutral” on Wednesday, April 13. The stock has “Hold” rating by Peel Hunt on Thursday, July 14. Liberum Capital maintained Halfords Group plc (LON:HFD) on Monday, October 19 with “Buy” rating. The firm has “Neutral” rating by JP Morgan given on Wednesday, September 2. The firm earned “Neutral” rating on Thursday, January 21 by Haitong Securities. Investec maintained Halfords Group plc (LON:HFD) rating on Wednesday, September 13. Investec has “Buy” rating and GBX 400 target.

Halfords Group plc, through its subsidiaries, retails automotive, leisure, and cycling products. The company has market cap of 669.99 million GBP. It operates in two divisions, Retail and Car Servicing. It has a 11.94 P/E ratio. The firm offers car parts, cycling products, technology products, kids products, and camping and leisure equipment; and car service, repair, and MOTs to retail and fleet customers.

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