Canaccord Genuity Group Lowers THG (LON:THG) Price Target to GBX 53

THG (LON:THG) had its target price decreased by Canaccord Genuity Group from GBX 66 ($0.88) to GBX 53 ($0.71) in a research report sent to investors on Thursday, Marketbeat reports. Canaccord Genuity Group currently has a hold rating on the stock.

Several other research firms have also issued reports on THG. Jefferies Financial Group reiterated a buy rating and set a GBX 105 ($1.41) price objective on shares of THG in a research note on Monday, June 24th. JPMorgan Chase & Co. increased their price objective on THG from GBX 48 ($0.64) to GBX 49 ($0.66) and gave the stock an underweight rating in a research note on Friday, July 12th.

THG Stock Up 2.4 %

Shares of THG stock opened at GBX 57.05 ($0.76) on Thursday. The stock has a market cap of £758.77 million, a P/E ratio of -335.59, a price-to-earnings-growth ratio of -0.08 and a beta of 2.40. THG has a one year low of GBX 50.60 ($0.68) and a one year high of GBX 89.98 ($1.20). The stock has a fifty day moving average price of GBX 60.32 and a 200 day moving average price of GBX 63.81. The company has a debt-to-equity ratio of 111.80, a current ratio of 1.25 and a quick ratio of 0.89.

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.