THG Shares Upgraded Amid FTSE 250 Return
Shares in THG plc have been upgraded by JP Morgan after surging in value in recent weeks as it makes a return to the FTSE 250 index.
The Manchester-headquartered group has seen its share price rise from 27p on 8 September to 38p today thanks to positive half-year results.
- The group includes the likes of Myprotein and Cult Beauty.
- THG plc was the owner of City AM until its Ingenuity division demerged from the wider group at the start of 2025.
“We see the tide turning post a period of strategic evolvement.”
Author's summary: THG shares upgraded by JP Morgan.