Hanover Insurance Group Inc with ticker code (THG) now have 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 165 and 144 with the average target price sitting at 152.33. Now with the previous closing price of 132.66 this would imply there is a potential upside of 14.8%. There is a 50 day moving average of 131.12 and the 200 moving average now moves to 134.39. The market cap for the company is $4,831m. Company Website: https://www.hanover.com
The potential market cap would be $5,547m based on the market concensus.
The Hanover Insurance Group, through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, and workers’ compensation insurance products, as well as management and professional liability, marine, specialty industrial and commercial property, monoline general liability, surety, umbrella, fidelity, crime, and other commercial coverages. The Personal Lines segment provides personal automobile and homeowner’s coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, and other miscellaneous coverages. The Other segment offers investment management and advisory services to institutions, pension funds, and other organizations. The company markets its products and services through independent agents and brokers. The Hanover Insurance Group was founded in 1852 and is headquartered in Worcester, Massachusetts.
