Jefferies Financial Group Reiterates "Buy" Rating for THG (LON:THG)

THG (LON:THG - Get Free Report)'s stock had its "buy" rating reaffirmed by analysts at Jefferies Financial Group in a report released on Monday, Marketbeat.com reports. They currently have a GBX 105 ($1.33) target price on the stock. Jefferies Financial Group's price objective suggests a potential upside of 67.33% from the stock's current price.

THG Stock Performance

LON:THG traded up GBX 0.90 ($0.01) during trading hours on Monday, reaching GBX 62.75 ($0.80). The company had a trading volume of 4,125,461 shares, compared to its average volume of 3,071,025. The company has a current ratio of 1.30, a quick ratio of 0.89 and a debt-to-equity ratio of 97.39. THG has a 52 week low of GBX 56.30 ($0.71) and a 52 week high of GBX 110.25 ($1.40). The firm has a market cap of £834.58 million, a price-to-earnings ratio of -330.26, a PEG ratio of -0.08 and a beta of 2.40. The firm's 50 day moving average price is GBX 67.18 and its 200-day moving average price is GBX 68.32.

Insiders Place Their Bets

In related news, insider Damian Sanders bought 312,500 shares of the business's stock in a transaction on Thursday, May 9th. The stock was acquired at an average price of GBX 64 ($0.81) per share, with a total value of £200,000 ($253,710.52). In other THG news, insider Damian Sanders purchased 312,500 shares of the company's stock in a transaction dated Thursday, May 9th. The shares were acquired at an average price of GBX 64 ($0.81) per share, for a total transaction of £200,000 ($253,710.52). Also, insider Helen Jones purchased 30,000 shares of the company's stock in a transaction dated Thursday, April 25th. The shares were acquired at an average price of GBX 63 ($0.80) per share, for a total transaction of £18,900 ($23,975.64). 35.03% of the stock is currently owned by insiders.

THG Company Profile

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.