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 most optimistic price target was 104, implying potential capital gains of 9.83 percent. The minimum price target given was 81, which equates to a potential downside of -14.46 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates downwards for this quarter, by about -0.62 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -3.73 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.25 percent, compared to last month. 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 have revised their quarterly estimates upwards in the past 30 days, while 1 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, 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. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, 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.

In the trailing 52-weeks, THG hit 95.58 at the highest peak, while it's lowest trading point was 74.06. Today's price is 27.86 percent above the 52-week 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 market cap of THG is $4.06 billion. THG's next earnings release will be on 0000-00-00, which is days away.