JPMorgan Chase & Co. Cuts THG (LON:THG) Price Target to GBX 45

THG (LON:THG) had its target price cut by JPMorgan Chase & Co. from GBX 49 ($0.63) to GBX 45 ($0.58) in a research report report published on Tuesday morning, Marketbeat Ratings reports. They currently have an underweight rating on the stock.

THG Price Performance

Shares of THG opened at GBX 34.10 ($0.44) on Tuesday. The business has a 50-day simple moving average of GBX 37.39 and a two-hundred day simple moving average of GBX 44.25. THG has a 12-month low of GBX 32.68 ($0.42) and a 12-month high of GBX 77.95 ($1.01). The stock has a market cap of £451.27 million, a PE ratio of -1.92, a PEG ratio of -0.08 and a beta of 2.40. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 75.19.

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.