Across the recent three months, 9 analysts have shared their insights on Hanover Insurance Gr (NYSE:THG), expressing a variety of opinions spanning from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 5 | 4 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 2 | 0 | 0 |
| 2M Ago | 0 | 3 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 1 | 0 | 0 |
Analysts have recently evaluated Hanover Insurance Gr and provided 12-month price targets. The average target is $172.56, accompanied by a high estimate of $180.00 and a low estimate of $160.00. This upward trend is evident, with the current average reflecting a 6.89% increase from the previous average price target of $161.43.
Breaking Down Analyst Ratings: A Detailed Examination
In examining recent analyst actions, we gain insights into how financial experts perceive Hanover Insurance Gr. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Michael Zaremski | BMO Capital | Raises | Outperform | $180.00 | $161.00 |
| Bob Huang | Morgan Stanley | Announces | Equal-Weight | $170.00 | - |
| Robert Farnam | Janney Montgomery Scott | Announces | Neutral | $176.00 | - |
| Meyer Shields | Keefe, Bruyette & Woods | Raises | Market Perform | $170.00 | $164.00 |
| Paul Newsome | Piper Sandler | Raises | Overweight | $175.00 | $162.00 |
| Michael Phillips | Oppenheimer | Raises | Outperform | $177.00 | $165.00 |
| Matthew Carletti | JMP Securities | Raises | Market Outperform | $175.00 | $160.00 |
| Matthew Carletti | JMP Securities | Maintains | Market Outperform | $160.00 | $160.00 |
| Grace Carter | B of A Securities | Raises | Neutral | $170.00 | $158.00 |
Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Hanover Insurance Gr. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Hanover Insurance Gr compared to the broader market. Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Hanover Insurance Gr's stock. This comparison reveals trends in analysts' expectations over time.
To gain a panoramic view of Hanover Insurance Gr's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Hanover Insurance Gr analyst ratings.
All You Need to Know About Hanover Insurance Gr
The Hanover Insurance Group Inc is a holding company whose primary business is offering property and casualty insurance products and services. The company markets itself through independent agents and brokers in the United States while conducting business internationally through a wholly owned subsidiary, Chaucer Holdings Limited, domiciled in the United Kingdom. The company conducts business operations through three operating segments: Commercial Lines, Personal Lines, and Other. The company operates an investment portfolio that is exposed to fixed-income securities.
Hanover Insurance Gr: Financial Performance Dissected
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Hanover Insurance Gr displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 3.5%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Hanover Insurance Gr's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 6.54%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Hanover Insurance Gr's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 3.76%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Hanover Insurance Gr's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.68%, the company may face hurdles in achieving optimal financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.27.
Understanding the Relevance of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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Latest Ratings for THG
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 2021 | Wolfe Research | Initiates Coverage On | Peer Perform | |
| May 2021 | B of A Securities | Initiates Coverage On | Buy | |
| Apr 2021 | JMP Securities | Maintains | Market Outperform |
View More Analyst Ratings for THG
View the Latest Analyst Ratings
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
