THG’s (THG) “Buy” Rating Reaffirmed at Jefferies Financial Group

THG (LON:THG)‘s stock had its “buy” rating restated by Jefferies Financial Group in a research report issued to clients and investors on Wednesday,Digital Look reports. They currently have a GBX 60 price objective on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 94.93% from the company’s current price.

THG Stock Down 0.3%

Shares of LON:THG opened at GBX 30.78 on Wednesday. The company has a 50 day moving average price of GBX 33.08 and a two-hundred day moving average price of GBX 36.20. The company has a debt-to-equity ratio of 131.97, a quick ratio of 0.89 and a current ratio of 0.92. The company has a market capitalization of £488.43 million, a PE ratio of 7.70, a PEG ratio of -0.08 and a beta of 2.36. THG has a 52 week low of GBX 26.20 and a 52 week high of GBX 52.55.

THG (LON:THG) last announced its quarterly earnings results on Thursday, March 26th. The company reported GBX (0.04) earnings per share for the quarter. THG had a return on equity of 12.75% and a net margin of 3.15%. Analysts forecast that THG will post -6.7170435 earnings per share for the current year.

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.