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An update from THG ( (GB:THG) ) is now available.
THG PLC has announced the admission of 209,086,407 Ordinary Shares to trading on the London Stock Exchange and the FCA’s Official List, following a convertible loan agreement with FIC ShareCo Limited. This move increases the total voting rights in the company to 1,599,781,137, impacting shareholder calculations under the Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:THG) stock is a Hold with a £55.00 price target. To see the full list of analyst forecasts on THG stock, see the GB:THG Stock Forecast page.
Spark’s Take on GB:THG Stock
According to Spark, TipRanks’ AI Analyst, GB:THG is a Neutral.
THG’s overall stock score reflects significant financial challenges and a mixed technical outlook. Strategic improvements and debt reduction are positive, but ongoing revenue declines and high leverage weigh heavily on the score.
To see Spark’s full report on GB:THG stock, click here.
More about THG
Average Trading Volume: 5,306,290
Technical Sentiment Signal: Buy
Current Market Cap: £689.1M
For a thorough assessment of THG stock, go to TipRanks’ Stock Analysis page.