THG (LON:THG) Earns Buy Rating from Jefferies Financial Group

THG (LON:THG)‘s stock had its “buy” rating reissued by research analysts at Jefferies Financial Group in a research report issued on Thursday, Digital Look reports. They currently have a GBX 60 price target on the stock. Jefferies Financial Group’s target price indicates a potential upside of 84.84% from the stock’s current price.

THG Stock Performance

THG stock opened at GBX 32.46 on Thursday. The company has a debt-to-equity ratio of 145.47, a quick ratio of 0.89 and a current ratio of 0.89. The stock has a fifty day moving average of GBX 30.10 and a two-hundred day moving average of GBX 31.24. The company has a market capitalization of £515.09 million, a price-to-earnings ratio of -6.49, a PEG ratio of -0.08 and a beta of 2.49. THG has a fifty-two week low of GBX 25.52 and a fifty-two week high of GBX 52.55.

THG (LON:THG) last posted its quarterly earnings data on Thursday, September 10th. The company reported GBX (3) EPS for the quarter. THG had a negative return on equity of 16.03% and a negative net margin of 3.73%. On average, analysts anticipate that THG will post -6.72 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.