THG Plc (LON:THG) Receives Average Recommendation of “Reduce” from Analysts

THG Plc (LON:THG) has been given an average rating of “Reduce” by the six research firms that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price objective among brokers 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 set a GBX 105 ($1.32) price objective on shares of THG in a report on Thursday, April 11th.

Insider Transactions at THG

In other news, insider Helen Jones acquired 30,000 shares of the stock in a transaction that occurred on Thursday, April 25th. The shares were acquired at an average cost of GBX 63 ($0.79) per share, for a total transaction of £18,900 ($23,740.74). Company insiders own 33.99% of the company’s stock.

THG Trading Up 1.4 %

Shares of THG stock opened at GBX 63.25 ($0.79) on Monday. The firm’s 50-day moving average price is GBX 62.50 and its two-hundred day moving average price is GBX 69.08. The company has a market capitalization of £841.23 million, a price-to-earnings ratio of -140.56, a PEG ratio of -0.08 and a beta of 2.40. THG has a 12-month low of GBX 55.47 ($0.70) and a 12-month high of GBX 116.64 ($1.47). 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 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.