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

THG (LON:THG)‘s stock had its “buy” rating reaffirmed by equities research analysts at Jefferies Financial Group in a report released on Thursday, October 15th, Digital Look reports. They presently have a GBX 60 price target on the stock. Jefferies Financial Group‘s price target indicates a potential upside of 55.68% from the stock’s current price.

THG Price Performance

THG traded down GBX 0.48 during trading on Thursday, reaching GBX 38.54. 10,226,565 shares of the company were exchanged, compared to its average volume of 11,988,363. THG has a 12-month low of GBX 25.52 and a 12-month high of GBX 52.55. The company’s 50-day moving average is GBX 30.38 and its two-hundred day moving average is GBX 31.46. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 145.47. The company has a market cap of £611.57 million, a price-to-earnings ratio of -7.71, a P/E/G ratio of -0.08 and a beta of 2.49.

THG (LON:THG) last posted its earnings results on Thursday, September 10th. The company reported GBX (3) earnings per share for the quarter. THG had a negative net margin of 3.73% and a negative return on equity of 16.03%. Research analysts forecast that THG will post -6.72 earnings per share for the current fiscal 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.