THG Plc (LON:THG) Receives GBX 91 Consensus Target Price from Analysts

Shares of THG Plc (LON:THG) have been assigned an average recommendation of “Reduce” from the six research firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 71.17 ($0.89).

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 105 ($1.31) target price on shares of THG in a research report on Thursday, April 11th.

THG Price Performance

Shares of LON THG opened at GBX 59.81 ($0.74) on Thursday. The business’s 50 day moving average price is GBX 63.07 and its two-hundred day moving average price is GBX 69.45. The company has a market cap of £795.53 million, a PE ratio of -131.11, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40. The company has a quick ratio of 0.89, a current ratio of 1.50 and a debt-to-equity ratio of 87.14. THG has a twelve month low of GBX 55.47 ($0.69) and a twelve month high of GBX 118.10 ($1.47).

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.