THG Plc (LON:THG – Get Free Report)’s stock price was up 1.5% during mid-day trading on Thursday . The stock traded as high as GBX 70.20 ($0.89) and last traded at GBX 69.02 ($0.87). Approximately 1,256,325 shares were traded during trading, a decline of 58% from the average daily volume of 3,016,458 shares. The stock had previously closed at GBX 68.02 ($0.86).
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. reduced their price objective on THG from GBX 50 ($0.63) to GBX 48 ($0.61) and set an “underweight” rating on the stock in a report on Wednesday, December 6th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of GBX 91 ($1.15).
Check Out Our Latest Research Report on THG
THG Price Performance
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.
Further Reading
- Five stocks we like better than THG
- What Investors Need to Know to Beat the Market
- 3 Value Stocks Too Small For Buffett’s Portfolio
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Foot Locker Builds Up Another Head of Steam; Gains Imminent
- How to Capture the Benefits of Dividend Increases
- Disney Stock Catches 3 Upgrades In a Single Week
Receive News & Ratings for THG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for THG and related companies with MarketBeat.com's FREE daily email newsletter.