THG (LON:THG) Stock Price Up 5.1%

THG Plc (LON:THG - Get Free Report) shares rose 5.1% during trading on Thursday . The stock traded as high as GBX 64.25 ($0.84) and last traded at GBX 62.95 ($0.83). Approximately 5,740,129 shares changed hands during trading, an increase of 105% from the average daily volume of 2,803,636 shares. The stock had previously closed at GBX 59.90 ($0.79).Analysts Set New Price TargetsSeveral brokerages have weighed in on THG. JPMorgan Chase & Co. upped their target price on THG from GBX 48 ($0.63) to GBX 49 ($0.64) and gave the stock an "underweight" rating in a report on Friday, July 12th. Jefferies Financial Group restated a "buy" rating and issued a GBX 105 ($1.38) price target on shares of THG in a report on Monday, June 24th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of GBX 71.80 ($0.94).Get Our Latest Stock Analysis on THGTHG Stock Up 5.1 %The company has a debt-to-equity ratio of 97.39, a current ratio of 1.30 and a quick ratio of 0.89. The firm has a market capitalization of £837.24 million, a price-to-earnings ratio of -315.26, a price-to-earnings-growth ratio of -0.08 and a beta of 2.43. The business has a fifty day moving average price of GBX 63.08 and a two-hundred day moving average price of GBX 64.45. THG Company Profile (Get Free Report)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.See AlsoFive stocks we like better than THGThe Significance of a Trillion-Dollar Market Cap Goes Beyond a NumberEmerging Markets: What They Are and Why They MatterWhat Are Dividend Champions? How to Invest in the ChampionsRecession or Not, These 3 Stocks Are WinnersTop Biotech Stocks: Exploring Innovation OpportunitiesWhy NVIDIA Is More of a Screaming Buy Than EverThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ The solution to fast food’s wage hike crisis (From Deal Maker) (Ad)Should you invest $1,000 in THG right now?Before you consider THG, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and THG wasn't on the list.While THG currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here