RE: Not long to go before news2 Apr 2024 14:10
Copy and pasted from Peel Hunt note;
✔ THG & the strategy makes sense
✔ THG is wildly undervalued on the LSE
✔ At 141p, well over 2x today's share price, THG would still be at a 50% discount to global peers
✔ THG shares should be worth 272p within 2 years
✔ As Ingenuity Sales reach £1.2bn (c£700m today), THG shares are worth 383p. If Ingenuity EBITDA margins also reach 15% (low single digit today), the shares are worth 452p