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

THG (LON:THG) had its price target boosted by JPMorgan Chase & Co. from GBX 43 to GBX 55 in a report released on Wednesday, MarketBeat reports. The brokerage currently has a neutral rating on the stock.

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

THG Price Performance

LON:THG opened at GBX 45.90 on Wednesday. The company has a debt-to-equity ratio of 75.19, a current ratio of 1.25 and a quick ratio of 0.89. THG has a one year low of GBX 22.90 and a one year high of GBX 55. The company has a fifty day moving average price of GBX 42.92 and a 200 day moving average price of GBX 34.34. The stock has a market cap of £600.38 million, a P/E ratio of -4.59, a PEG ratio of -0.08 and a beta of 2.40.

THG (LON:THG) last posted its quarterly earnings data on Thursday, September 11th. The company reported GBX (0.05) earnings per share (EPS) for the quarter. THG had a negative return on equity of 24.45% and a negative net margin of 11.77%. Analysts anticipate 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.