THG shares upgraded amid FTSE 250 return

['Jon Robinson', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar', 'Vertical-Align Middle .Wp-Block-Co-Authors-Plus-Avatar Is .Alignleft .Alignright'] News Archives - City AM 2025-09-23 09:23:47

THG shares upgraded amid FTSE 250 returnTHG is to make a return to the FTSE 250 index. Shares in THG plc have been upgraded by JP Morgan after surging in value in recent weeks. 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. THG ‘valuation is now balancing execution risk’In an analyst note, JP Morgan said: “We see the tide turning post a period of strategic evolvement.