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The Hanover Insurance Group Inc has a consensus price target of $164.88 based on the ratings of 8 analysts. The high is $177 issued by Oppenheimer on November 1, 2024. The low is $126 issued by BMO Capital on August 31, 2023. The 3 most-recent analyst ratings were released by Janney Montgomery Scott, Keefe, Bruyette & Woods, and Piper Sandler on November 21, 2024, November 7, 2024, and November 1, 2024, respectively. With an average price target of $173.67 between Janney Montgomery Scott, Keefe, Bruyette & Woods, and Piper Sandler, there's an implied 6.15% upside for The Hanover Insurance Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Hanover Insurance Gr (NYSE:THG) was reported by Janney Montgomery Scott on November 21, 2024. The analyst firm set a price target for $176.00 expecting THG to rise to within 12 months (a possible 7.58% upside). 19 analyst firms have reported ratings in the last year.
The latest analyst rating for Hanover Insurance Gr (NYSE:THG) was provided by Janney Montgomery Scott, and Hanover Insurance Gr downgraded their neutral rating.
The last upgrade for The Hanover Insurance Group Inc happened on August 31, 2023 when BMO Capital raised their price target to $126. BMO Capital previously had a market perform for The Hanover Insurance Group Inc.
The last downgrade for The Hanover Insurance Group Inc happened on November 21, 2024 when Janney Montgomery Scott changed their price target from N/A to $176 for The Hanover Insurance Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hanover Insurance Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hanover Insurance Gr was filed on November 21, 2024 so you should expect the next rating to be made available sometime around November 21, 2025.
While ratings are subjective and will change, the latest Hanover Insurance Gr (THG) rating was a downgraded with a price target of $0.00 to $176.00. The current price Hanover Insurance Gr (THG) is trading at is $163.60, which is within the analyst’s predicted range.
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