THG's (THG) Buy Rating Reiterated at Jefferies Financial Group

Key Points

• THG's stock received a "buy" rating from Jefferies Financial Group, with a target price of GBX 65 ($0.87), which suggests a potential upside of 103.25% from its current price.
• In contrast, JPMorgan Chase & Co. lowered their target for THG from GBX 30 ($0.40) to GBX 28 ($0.37) and assigned an "underweight" rating.
• THG's current stock price is GBX 31.98 ($0.43) and it has a market capitalization of £423.21 million, indicating it is navigating a relatively volatile market environment.

THG (LON:THG - Get Free Report)'s stock had its "buy" rating reissued by research analysts at Jefferies Financial Group in a research note issued on Thursday, Marketbeat reports. They presently have a GBX 65 ($0.87) target price on the stock. Jefferies Financial Group's price objective indicates a potential upside of 103.25% from the company's current price.

Separately, JPMorgan Chase & Co. reduced their price objective on THG from GBX 30 ($0.40) to GBX 28 ($0.37) and set an "underweight" rating on the stock in a report on Thursday, July 24th.

THG Stock Up 0.9%

LON:THG opened at GBX 31.98 ($0.43) on Thursday. The stock's fifty day moving average price is GBX 29.42 and its two-hundred day moving average price is GBX 31.46. THG has a 52-week low of GBX 22.90 ($0.31) and a 52-week high of GBX 68.20 ($0.91). The company has a debt-to-equity ratio of 75.19, a quick ratio of 0.89 and a current ratio of 1.25. The company has a market cap of £423.21 million, a price-to-earnings ratio of -1.80, 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.

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