THG Plc (LON:THG – Get Free Report)’s share price hit a new 52-week low during trading on Friday . The company traded as low as GBX 47.60 ($0.62) and last traded at GBX 48.80 ($0.64), with a volume of 202111750 shares traded. The stock had previously closed at GBX 51.70 ($0.68).
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on THG shares. Canaccord Genuity Group reduced their price objective on THG from GBX 66 ($0.86) to GBX 53 ($0.69) and set a “hold” rating on the stock in a research report on Thursday, September 26th. Jefferies Financial Group restated a “buy” rating and issued a GBX 105 ($1.37) target price on shares of THG in a research report on Monday, June 24th. Finally, JPMorgan Chase & Co. lifted their target price on THG from GBX 48 ($0.63) to GBX 49 ($0.64) and gave the company an “underweight” rating in a research report on Friday, July 12th.
View Our Latest Stock Report on THG
THG Price Performance
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.
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