THG (OTCMKTS:THGPF) Price Target Lowered to GBX 55 at Barclays

THG (OTCMKTS:THGPFGet Rating) had its target price cut by Barclays from GBX 100 ($1.21) to GBX 55 ($0.66) in a research note published on Monday, The Fly reports.

A number of other research firms have also recently weighed in on THGPF. Liberum Capital cut shares of THG from a buy rating to a hold rating in a research report on Friday, September 16th. The Goldman Sachs Group lowered shares of THG from a buy rating to a neutral rating in a research note on Thursday, September 15th.

THG Trading Down 0.5 %

Shares of THG stock opened at 0.59 on Monday. THG has a 12-month low of 0.00 and a 12-month high of 1.76. The company’s 50 day moving average is 0.76.

About THG

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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 D2C sport nutrition provider that offers products across various categories, including vegan, protein, vitamin, athleisure, and healthy snacks; and THG Ingenuity, an end-to-end platform that powers businesses and brands, which offers hosting, analytics, fraud detection, logistics, and warehousing services, as well as digital brand management, including marketing, translation, and global customer services.

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