THG (LON:THG – Free Report) had its target price decreased by Canaccord Genuity Group from GBX 66 ($0.88) to GBX 53 ($0.71) in a research report sent to investors on Thursday morning, MarketBeat Ratings reports. Canaccord Genuity Group currently has a hold rating on the stock.
A number of other analysts have also recently issued reports on the company. JPMorgan Chase & Co. increased their target price on THG from GBX 48 ($0.64) to GBX 49 ($0.66) and gave the stock an underweight rating in a research note on Friday, July 12th. Jefferies Financial Group reaffirmed a buy rating and issued a GBX 105 ($1.41) price objective on shares of THG in a research report on Monday, June 24th.
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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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