THG (LON:THG) Price Target Cut to GBX 45 by Analysts at JPMorgan Chase & Co.

THG (LON:THG) had its price target dropped by equities researchers at JPMorgan Chase & Co. from GBX 49 ($0.63) to GBX 45 ($0.58) in a note issued to investors on Tuesday,Digital Look reports. The brokerage currently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 25.42% from the company’s current price.

THG Price Performance

Shares of THG traded up GBX 1.88 ($0.02) during trading hours on Tuesday, hitting GBX 35.88 ($0.46). 106,368,422 shares of the company were exchanged, compared to its average volume of 10,484,630. 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 has a fifty-two week low of GBX 32.68 ($0.42) and a fifty-two week high of GBX 77.95 ($1.01). The company has a market cap of £474.82 million, a price-to-earnings ratio of -2.02, a P/E/G ratio of -0.08 and a beta of 2.40. The firm’s fifty day moving average is GBX 37.68 and its 200 day moving average is GBX 44.56.

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.