THG (LON:THG) Given Buy Rating at Jefferies Financial Group

THG (LON:THG)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a research report issued on Monday,London Stock Exchange reports. They presently have a GBX 60 price target on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 75.54% from the stock’s current price.

THG Stock Performance

LON THG opened at GBX 34.18 on Monday. The stock has a market capitalization of £542.39 million, a PE ratio of 8.54, a P/E/G ratio of -0.08 and a beta of 2.46. The business has a 50 day simple moving average of GBX 31.23 and a two-hundred day simple moving average of GBX 32.90. The company has a debt-to-equity ratio of 131.97, a current ratio of 0.92 and a quick ratio of 0.89. THG has a 1-year low of GBX 26.20 and a 1-year high of GBX 52.55.

About THG

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. All brands, whether in-house or third parties are powered by our complete commerce division Ingenuity, which is a flexible and scalable offering formed of a combination of complex e-commerce technologies, physical assets, infrastructure, and brand building capabilities.

THG Beauty is home to leading online pure-play retailers for prestige beauty products and brings together global online multi-brand retail subscription boxes, owned prestige brands along with production and innovation.