Hanover Insurance Group Inc found using ticker (THG) now have 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 140 and 112 calculating the mean target price we have 122.75. Given that the stocks previous close was at 112.82 this indicates there is a potential upside of 8.8%. The 50 day MA is 97.58 and the 200 moving average now moves to 99.21. The market capitalisation for the company is $4,043m. Company Website: http://www.hanover.com
The potential market cap would be $4,399m 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 in three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, and workers’ compensation, as well as management and professional liability, marine, general liability, specialty industrial and commercial property, mono-line 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 inland marine, umbrella, 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.
