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.

Investment analysts gave a few price targets for THG. The highest price target was 104, implying potential capital gains of 9.83 percent. The lowest price target was 81, which equates to a potential downside of -14.46 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.62 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -3.73 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.25 percent. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.

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, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.

THG has an estimated earnings growth rate of 132.82 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of THG is 0.25.

THG has traded between a high of 95.58 and a low of 74.06 over the past year. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.