DAVID JEARY INVESTEC
[This year] looks set to be tough, and clearly a change of CEO adds an element of uncertainty to the business. However, strategy is unchanged, cash generation remains strong, supporting our unchanged dividend forecast.
AURELIE CASPAR BANK OF AMERICA MERRILL LYNCH
We think the shares should react positively to newsflow today as Q1 trading is no worse than depressed market expectations, Halfords has stated it will maintain its interim dividend, and due to management changes.
KATE CALVERT SEYMOUR PIERCE
A disastrous Q1, which will result in further consensus downgrades. The big news is the departure of David Wild, CEO since 2008. We see the departure of Wild as a potential positive trigger for the shares.