Brokerages Set THG Plc (LON:THG) Target Price at GBX 91

THG Plc (LON:THG) has received an average recommendation of “Hold” from the seven research firms that are presently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 92.43 ($1.17).

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 105 ($1.33) target price on shares of THG in a research report on Thursday.

THG Trading Up 2.7 %

THG opened at GBX 61 ($0.77) on Thursday. The firm has a market capitalization of £811.30 million, a price-to-earnings ratio of -135.56, a PEG ratio of -0.08 and a beta of 2.40. THG has a fifty-two week low of GBX 55.47 ($0.70) and a fifty-two week high of GBX 118.10 ($1.49). The company’s 50 day moving average price is GBX 63.27 and its two-hundred day moving average price is GBX 69.73. The company has a debt-to-equity ratio of 87.14, a current ratio of 1.50 and a quick ratio of 0.89.

About THG

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.