THG (OTCMKTS:THGPF) Given New GBX 89 Price Target at Barclays

THG (OTCMKTS:THGPF) had its target price increased by investment analysts at Barclays from GBX 87 ($1.09) to GBX 89 ($1.11) in a research note issued on Friday, FlyOnTheWall reports.

Separately, Jefferies Financial Group increased their price objective on shares of THG from GBX 85 ($1.06) to GBX 95 ($1.19) in a research report on Wednesday, June 21st. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of C$78.75.

THG Price Performance

THGPF remained flat at C$0.64 during trading on Friday. 2,500 shares of the company’s stock were exchanged, compared to its average volume of 29,971. THG has a 52-week low of C$0.64 and a 52-week high of C$0.69. The stock has a 50 day moving average price of C$0.64 and a two-hundred day moving average price of C$0.64.

About THG

THG Plc operates as an e-commerce technology company in the United Kingdom, the United States, Europe, and internationally. The company operates pure-play sites, such as Lookfantastic, Cult Beauty, and Dermstore that offers approximately 1,300 premium brands across the skincare, haircare, cosmetics, and fragrance categories; Myprotein, a direct-to-consumer sports nutrition provider that offers products across various categories, including vegan alternatives, health snacks, vitamins and athleisure; and THG Ingenuity, an end-to-end platform that powers digital experience and retail for FMCG, beauty, and retail brands.