THG Holdings plc (THG.L)’s (THG) Overweight Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their overweight rating on shares of THG Holdings plc (THG.L) (LON:THG) in a report published on Tuesday morning, reports. They currently have a GBX 865 ($11.30) price target on the stock.

Shares of LON THG opened at GBX 669.60 ($8.75) on Tuesday. The company has a market capitalization of $5.80 billion and a price-to-earnings ratio of -0.61. THG Holdings plc has a 12 month low of GBX 565.30 ($7.39) and a 12 month high of GBX 787.80 ($10.29).

In other news, insider Matthew Moulding sold 10,833,112 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of GBX 500 ($6.53), for a total transaction of £54,165,560 ($70,767,650.90).

About THG Holdings plc (THG.L)

THG Holdings plc operates as an online retailer and technology company. It offers nutrition, beauty, consumer, and luxury products. The company operates 178 localized websites retailing goods in 169 countries. It also offers website development, online advertising, warehouse and distribution, web hosting, and translation and interpretation services; operates a hairdressing salon and hotels; and produces visual content.

See Also: Earnings Per Share (EPS)

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