THG (LON:THG - Get Free Report) had its target price cut by research analysts at Canaccord Genuity Group from GBX 66 ($0.88) to GBX 53 ($0.71) in a research note issued to investors on Thursday, Digital Look reports. The firm currently has a "hold" rating on the stock. Canaccord Genuity Group's price objective indicates a potential downside of 4.93% from the company's current price.
A number of other research firms have also weighed in on THG. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 105 ($1.41) price objective on shares of THG in a research note on Monday, June 24th. JPMorgan Chase & Co. upped their price target on shares of THG from GBX 48 ($0.64) to GBX 49 ($0.66) and gave the stock an "underweight" rating in a research report on Friday, July 12th.
Check Out Our Latest Report on THG
LON THG traded up GBX 1.50 ($0.02) on Thursday, reaching GBX 55.75 ($0.75). 3,531,287 shares of the stock traded hands, compared to its average volume of 3,240,764. THG has a 12 month low of GBX 50.60 ($0.68) and a 12 month high of GBX 89.98 ($1.20). The company has a market cap of £741.48 million, a price-to-earnings ratio of -327.94, a PEG ratio of -0.08 and a beta of 2.40. The company has a fifty day moving average price of GBX 60.63 and a 200-day moving average price of GBX 63.84. The company has a debt-to-equity ratio of 111.80, a quick ratio of 0.89 and a current ratio of 1.25.
THG Plc operates as an e-commerce technology company in the United Kingdom, the United States, Europe, and internationally. The company operates pure-play sites, such as Lookfantastic, Cult Beauty, and Dermstore that offers approximately 1,300 premium brands across the skincare, haircare, cosmetics, and fragrance categories; Myprotein, a direct-to-consumer sports nutrition provider that offers products across various categories, including vegan alternatives, health snacks, vitamins and athleisure; and THG Ingenuity, an end-to-end platform that powers digital experience and retail for FMCG, beauty, and retail brands.
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