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The latest announcement is out from THG ( (GB:THG) ).
THG PLC announced a share transfer involving 181,818,181 ordinary voting shares at a price of 44 pence each, between two companies controlled by CEO Matthew Moulding. This internal transfer does not alter Moulding’s equity interest in THG PLC, maintaining the status quo in terms of ownership and control, and complies with UK Market Abuse Regulation.
The most recent analyst rating on (GB:THG) stock is a Buy 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: 5,262,309
Technical Sentiment Signal: Hold
Current Market Cap: £658.6M
See more data about THG stock on TipRanks’ Stock Analysis page.