Brokerages Set THG Plc (LON:THG) PT at GBX 71.17

THG Plc (LON:THG) has been given a consensus recommendation of “Reduce” by the six ratings firms that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is GBX 71.17 ($0.89).

Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 105 ($1.32) price objective on shares of THG in a research report on Thursday, April 11th.

Insiders Place Their Bets

In related news, insider Helen Jones purchased 30,000 shares of the business’s stock in a transaction dated Thursday, April 25th. The shares were purchased at an average cost of GBX 63 ($0.79) per share, for a total transaction of £18,900 ($23,743.72). Insiders own 33.40% of the company’s stock.

THG Stock Performance

LON THG opened at GBX 64 ($0.80) on Monday. The business’s 50 day moving average price is GBX 62.43 and its 200-day moving average price is GBX 69.04. THG has a fifty-two week low of GBX 55.47 ($0.70) and a fifty-two week high of GBX 110.25 ($1.39). The company has a market cap of £851.20 million, a P/E ratio of -338.42, a P/E/G ratio of -0.08 and a beta of 2.41. The company has a debt-to-equity ratio of 97.39, a quick ratio of 0.89 and a current ratio of 1.30.

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.