THG Plc (LON:THG) Given Average Recommendation of “Reduce” by Brokerages

Shares of THG Plc (LON:THG) have received an average rating of “Reduce” from the six research firms that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 71.17 ($0.89).

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 105 ($1.31) target price on shares of THG in a research note on Thursday, April 11th.

THG Stock Up 1.4 %

THG opened at GBX 59.81 ($0.74) on Thursday. The stock has a market cap of £795.53 million, a PE ratio of -131.11, a P/E/G ratio of -0.08 and a beta of 2.40. The company has a quick ratio of 0.89, a current ratio of 1.50 and a debt-to-equity ratio of 87.14. THG has a 52 week low of GBX 55.47 ($0.69) and a 52 week high of GBX 118.10 ($1.47). The business’s fifty day simple moving average is GBX 63.07 and its 200 day simple moving average is GBX 69.45.

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.