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 recent increase in THG’s value means the group, which includes the likes of Myprotein and Cult Beauty, has returned to the FTSE 250 index.
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 summary: THG shares upgraded by JP Morgan.
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