JPMorgan Chase & Co. Issues Pessimistic Forecast for THG (LON:THG) Stock Price

THG (LON:THGGet Free Report) had its price objective dropped by JPMorgan Chase & Co. from GBX 49 ($0.63) to GBX 45 ($0.58) in a research note issued to investors on Tuesday, MarketBeat.com reports. The firm presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 28.72% from the company’s previous close.

THG Stock Performance

Shares of LON THG opened at GBX 34.96 ($0.45) on Tuesday. The stock’s fifty day simple moving average is GBX 37.50 and its 200 day simple moving average is GBX 44.32. The stock has a market capitalization of £462.65 million, a price-to-earnings ratio of -1.97, a PEG ratio of -0.08 and a beta of 2.40. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 75.19. THG has a 52-week low of GBX 32.68 ($0.42) and a 52-week high of GBX 77.95 ($1.00).

THG Company Profile

(Get Free Report)

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.

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