THG Plc (LON:THG) Given Consensus Recommendation of “Buy” by Brokerages

THG Plc (LON:THGGet Rating) has earned an average rating of “Buy” from the six brokerages that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 686.67 ($8.33).

Several equities research analysts have weighed in on the stock. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of THG in a report on Friday, May 20th. Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 500 ($6.07) target price on shares of THG in a report on Thursday, March 24th. Barclays reiterated an “overweight” rating on shares of THG in a report on Wednesday, April 13th. Finally, Liberum Capital reiterated a “buy” rating and issued a GBX 700 ($8.50) target price on shares of THG in a report on Friday, May 20th.

Shares of LON THG opened at GBX 75.86 ($0.92) on Friday. The company’s 50 day simple moving average is GBX 116.76 and its 200 day simple moving average is GBX 132.10. THG has a fifty-two week low of GBX 70.49 ($0.86) and a fifty-two week high of GBX 687 ($8.34). The firm has a market capitalization of £1.04 billion and a P/E ratio of -6.02. The company has a debt-to-equity ratio of 47.79, a current ratio of 1.62 and a quick ratio of 0.99.

About THG (Get Rating)

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 D2C sport nutrition provider that offers products across various categories, including vegan, protein, vitamin, athleisure, and healthy snacks; and THG Ingenuity, an end-to-end platform that powers businesses and brands, which offers hosting, analytics, fraud detection, logistics, and warehousing services, as well as digital brand management, including marketing, translation, and global customer services.

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