THG (LON:THG) PT Lowered to GBX 53 at Canaccord Genuity Group

THG (LON:THG) had its target price lowered by Canaccord Genuity Group from GBX 66 ($0.88) to GBX 53 ($0.71) in a research report report published on Thursday, MarketBeat.com reports. The firm currently has a hold rating on the stock.

A number of other equities research analysts have also recently commented on THG. Jefferies Financial Group reiterated a buy rating and set a GBX 105 ($1.41) target price on shares of THG in a report on Monday, June 24th. JPMorgan Chase & Co. increased their target price on THG from GBX 48 ($0.64) to GBX 49 ($0.66) and gave the company an underweight rating in a report on Friday, July 12th.

THG Price Performance

Shares of LON:THG opened at GBX 57.05 ($0.76) on Thursday. The business’s fifty day moving average price is GBX 60.32 and its two-hundred day moving average price is GBX 63.79. The stock has a market cap of £758.77 million, a PE ratio of -335.59, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40. The company has a debt-to-equity ratio of 111.80, a quick ratio of 0.89 and a current ratio of 1.25. THG has a one year low of GBX 50.60 ($0.68) and a one year high of GBX 89.98 ($1.20).

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.