JPMorgan Chase & Co. Boosts THG (LON:THG) Price Target to GBX 55

THG (LON:THG) had its price objective lifted by equities research analysts at JPMorgan Chase & Co. from GBX 43 to GBX 55 in a research note issued to investors on Wednesday, MarketBeat.com reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 23.10% from the company’s current price.

Separately, Jefferies Financial Group decreased their target price on THG from GBX 58 to GBX 55 and set a “buy” rating for the company in a research note on Friday, September 12th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 55.

THG Price Performance

LON THG opened at GBX 44.68 on Wednesday. THG has a 12 month low of GBX 22.90 and a 12 month high of GBX 55. The firm has a market capitalization of £584.43 million, a PE ratio of -4.47, a P/E/G ratio of -0.08 and a beta of 2.40. The company’s 50 day simple moving average is GBX 43.11 and its 200 day simple moving average is GBX 34.41. The company has a debt-to-equity ratio of 75.19, a current ratio of 1.25 and a quick ratio of 0.89.

THG (LON:THG) last released its earnings results on Thursday, September 11th. The company reported GBX (0.05) earnings per share for the quarter. THG had a negative return on equity of 24.45% and a negative net margin of 11.77%. As a group, equities research analysts forecast that THG will post -6.7170435 EPS for the current fiscal year.

About THG

THG (www.thg.com) is a global innovator revolutionising how brands connect to a worldwide consumer base. We are transforming how consumer brands go to market in the digital age.

We have built a portfolio of leading digital beauty, health, wellness, and sports nutrition brands that are capitalising on the global growth opportunities, supported by the accelerating consumer shift to the e-commerce channel.

THG is home to three key divisions: Beauty, Nutrition, and Ingenuity.