THG (LON:THG) Stock Price Up 5.1%
THG Plc (LON:THG) shares rose 5.1% in trading on Thursday, reaching a high of GBX 64.25 before closing at GBX 62.95. Trading volume increased by 105% compared to the average. Analysts have set new price targets, with JPMorgan raising theirs to GBX 49 and Jefferies maintaining a buy rating with a target of GBX 105. Currently, the stock holds an average rating of "Hold" with a target price of GBX 71.80. THG has a market cap of £837.24 million and operates in the e-commerce sector with various premium brands.
THG Plc (LON:THG - Get Free Report) shares rose 5.1% during trading on Thursday . The stock traded as high as GBX 64.25 ($0.84) and last traded at GBX 62.95 ($0.83). Approximately 5,740,129 shares changed hands during trading, an increase of 105% from the average daily volume of 2,803,636 shares. The stock had previously closed at GBX 59.90 ($0.79).
Analysts Set New Price Targets
Several brokerages have weighed in on THG. JPMorgan Chase & Co. upped their target price on THG from GBX 48 ($0.63) to GBX 49 ($0.64) and gave the stock an "underweight" rating in a report on Friday, July 12th. Jefferies Financial Group restated a "buy" rating and issued a GBX 105 ($1.38) price target on shares of THG in a report on Monday, June 24th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of GBX 71.80 ($0.94).
Get Our Latest Stock Analysis on THG
THG Stock Up 5.1 %
The company has a debt-to-equity ratio of 97.39, a current ratio of 1.30 and a quick ratio of 0.89. The firm has a market capitalization of £837.24 million, a price-to-earnings ratio of -315.26, a price-to-earnings-growth ratio of -0.08 and a beta of 2.43. The business has a fifty day moving average price of GBX 63.08 and a two-hundred day moving average price of GBX 64.45.
THG Company Profile
(Get Free Report)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.
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