THG (LON:THG) Given New GBX 55 Price Target at JPMorgan Chase & Co.

by · The Cerbat Gem

THG (LON:THG – Get Free Report) had its price objective raised by JPMorgan Chase & Co. from GBX 43 to GBX 55 in a note issued to investors on Wednesday,London Stock Exchange reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 19.83% from the company’s current price.

Separately, Jefferies Financial Group lowered their price target on shares of THG from GBX 58 to GBX 55 and set a “buy” rating for the company in a report on Friday, September 12th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 55.

Get Our Latest Analysis on THG

THG Stock Up 5.4%

Shares of THG traded up GBX 2.36 during midday trading on Wednesday, reaching GBX 45.90. 4,378,648 shares of the company were exchanged, compared to its average volume of 7,210,483. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 75.19. THG has a 1-year low of GBX 22.90 and a 1-year high of GBX 55. The company has a market cap of £600.38 million, a price-to-earnings ratio of -4.59, a P/E/G ratio of -0.08 and a beta of 2.40. The stock has a 50-day moving average price of GBX 42.77 and a 200-day moving average price of GBX 34.26.

THG (LON:THG – Get Free Report) last released its quarterly earnings results on Thursday, September 11th. The company reported GBX (0.05) EPS for the quarter. THG had a negative return on equity of 24.45% and a negative net margin of 11.77%. Research analysts expect that THG will post -6.7170435 earnings per share for the current year.

THG Company Profile

(Get Free Report)

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.

Further Reading