According to a recent report, Keefe, Bruyette & Woods has lowered EPS estimates on The Hanover Insurance Group THG from $3.80 to $2.85 after between a $70 million to $85 million after tornadoes in the southern U.S. Keefe, Bruyette & Woods maintains a Market Perform rating on The Hanover Insurance Group.
In the report, Keefe, Bruyette & Woods said, "The losses come from five events during the month, primarily in the southern U.S., with the largest losses coming from U.S. tornadoes at the end of the month."
THG closed yesterday at $41.38.
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Posted In: Analyst ColorAnalyst RatingsFinancialsKeefe Bruyette & WoodsProperty & Casualty InsuranceThe Hanover Insurance Group
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