Analyst Ratings for Hanover Insurance Group Inc. (THG)

Updated: 2017-07-26

An average rating of Overweight has been given to Hanover Insurance Group Inc. (NYSE:THG) by analysts covering the stock. THG had previously received a consensus rating of Overweight a month ago.

2 analysts declared THG a buy, 0 issued an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.

Several price targets were given for THG by the analysts covering the stock. The maximum price target given was 104, implying a possible profit of 9.83 percent. The lowest price target was 81, implying potential capital losses of -14.46 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -0.62 percent on average, compared to last month. That number becomes -3.73 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.25 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.

The growth rate of THG's earnings is estimated by analysts to be 132.82 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. THG has a PEG ratio of 0.25.

In the trailing 52-weeks, THG hit 95.58 at the highest peak, while it's lowest trading point was 74.06. Currently the stock is 27.86 percent higher than its low, and 0.93 percent lower than its 52-week high. THG has a price/earnings ratio of 33.34. Investors typically compare the P/E ratio to a company's peers in the industry. The THG value stock report compares THG to some of its peers using value stock charts. The stock has a market capitalization of $4.06 billion. THG's next earnings release will be on 0000-00-00, which is days away.