THG (LON:THG) Price Target Lowered to GBX 24 at JPMorgan Chase & Co.

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

THG (LON:THG - Get Free Report) had its price objective cut by analysts at JPMorgan Chase & Co. from GBX 28 ($0.38) to GBX 24 ($0.32) in a research note issued to investors on Tuesday, MarketBeat reports. The firm presently has an "underweight" rating on the stock. JPMorgan Chase & Co.'s price objective points to a potential downside of 20.90% from the stock's previous close.

Separately, Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 65 ($0.88) target price on shares of THG in a report on Thursday, August 7th.

THG Stock Down 1.6%

Shares of LON THG opened at GBX 30.34 ($0.41) on Tuesday. THG has a 12-month low of GBX 22.90 ($0.31) and a 12-month high of GBX 68.20 ($0.92). The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 75.19. The company has a 50-day moving average of GBX 30.60 and a 200 day moving average of GBX 30.92. The stock has a market cap of £401.51 million, a PE ratio of -1.71, a P/E/G ratio of -0.08 and a beta of 2.40.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.