THG Plc (LON:THG – Get Free Report)’s stock price dropped 0.5% during mid-day trading on Thursday. The stock traded as low as GBX 25.60 and last traded at GBX 26.04. 4,735,713 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 12,405,991 shares. The stock had previously closed at GBX 26.16.
Analysts Set New Price Targets
Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 60 price objective on shares of THG in a research report on Monday, August 10th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 57.50.
Check Out Our Latest Analysis on THG
THG Price Performance
THG (LON:THG – Get Free Report) last released its earnings results on Thursday, September 10th. The company reported GBX (3) earnings per share (EPS) for the quarter. THG had a negative net margin of 3.73% and a negative return on equity of 16.03%. Sell-side analysts predict that THG Plc will post -6.7170435 EPS for the current fiscal 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. 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.
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