Jefferies Financial Group Issues Pessimistic Forecast for THG (LON:THG) Stock Price

THG (LON:THG) had its target price decreased by stock analysts at Jefferies Financial Group from GBX 58 to GBX 55 in a report issued on Friday,London Stock Exchange reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 81.28% from the stock’s previous close.

Separately, JPMorgan Chase & Co. reduced their price target on shares of THG from GBX 28 to GBX 24 and set an “underweight” rating for the company in a research report on Tuesday, August 19th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, THG has a consensus rating of “Hold” and a consensus price target of GBX 44.

THG Price Performance

Shares of LON:THG opened at GBX 30.34 on Friday. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 75.19. The company has a market cap of £396.86 million, a P/E ratio of -126.42, a PEG ratio of -0.08 and a beta of 2.40. THG has a 52 week low of GBX 22.90 and a 52 week high of GBX 68.20. The company has a 50-day moving average price of GBX 30.73 and a 200 day moving average price of GBX 29.77.

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

THG Company Profile

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.