Jefferies Financial Group Reaffirms “Buy” Rating for THG (LON:THG)

THG (LON:THG)‘s stock had its “buy” rating reissued by Jefferies Financial Group in a research note issued on Wednesday,Digital Look reports. They currently have a GBX 60 target price on the stock. Jefferies Financial Group’s price objective points to a potential upside of 94.93% from the company’s current price.

THG Stock Performance

Shares of THG opened at GBX 30.78 on Wednesday. The company has a debt-to-equity ratio of 131.97, a quick ratio of 0.89 and a current ratio of 0.92. THG has a twelve month low of GBX 26.20 and a twelve month high of GBX 52.55. The firm’s 50 day moving average price is GBX 33.08 and its two-hundred day moving average price is GBX 36.20. The firm has a market cap of £488.43 million, a P/E ratio of 7.70, a PEG ratio of -0.08 and a beta of 2.36.

THG (LON:THG) last released its quarterly earnings results on Thursday, March 26th. The company reported GBX (0.04) earnings per share for the quarter. THG had a net margin of 3.15% and a return on equity of 12.75%. On average, 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. All brands, whether in-house or third parties are powered by our complete commerce division Ingenuity, which is a flexible and scalable offering formed of a combination of complex e-commerce technologies, physical assets, infrastructure, and brand building capabilities.

THG Beauty is home to leading online pure-play retailers for prestige beauty products and brings together global online multi-brand retail subscription boxes, owned prestige brands along with production and innovation.