Jefferies Financial Group Reiterates Buy Rating for THG (LON:THG)

THG (LON:THG - Get Free Report)'s stock had its "buy" rating reissued by analysts at Jefferies Financial Group in a research note issued to investors on Thursday, MarketBeat reports. They currently have a GBX 105 ($1.33) price objective on the stock. Jefferies Financial Group's price objective points to a potential upside of 76.77% from the stock's previous close.

THG Stock Down 1.7 %

THG stock traded down GBX 1 ($0.01) during midday trading on Thursday, reaching GBX 59.40 ($0.75). The company's stock had a trading volume of 4,288,565 shares, compared to its average volume of 3,123,975. THG has a fifty-two week low of GBX 55.47 ($0.70) and a fifty-two week high of GBX 118.10 ($1.49). The company has a quick ratio of 0.89, a current ratio of 1.50 and a debt-to-equity ratio of 87.14. The company has a market cap of £790.02 million, a P/E ratio of -132.00, a P/E/G ratio of -0.08 and a beta of 2.40. The business has a 50-day simple moving average of GBX 63.36 and a 200-day simple moving average of GBX 69.82.

THG Company Profile

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.