Hanover Insurance Group stock rating prices target

Insurance stock today Hanover Insurance Group stock rating prices target : The Hanover Insurance Group (NYSE:THG) SVP Mark Joseph Welzenbach sold 7,915 shares of The Hanover Insurance Group stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $54.73, for a total transaction of $433,187.95. Following the sale, the senior vice president now directly owns 25,736 shares in the company. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

A number of research firms have recently commented on THG. Analysts at Keefe, Bruyette & Woods raised their price target on shares of The Hanover Insurance Group from $55.00 to $60.00 in a research note to investors on Friday, August 2nd. Analysts at Zacks downgraded shares of The Hanover Insurance Group from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, July 3rd. They now have a $53.70 price target on the stock.

Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The Hanover Insurance Group has an average rating of “Buy” and a consensus target price of $51.14.

Shares of The Hanover Insurance Group (NYSE:THG) traded down 0.60% during mid-day trading on Friday, hitting $54.92. The Hanover Insurance Group has a one year low of $34.15 and a one year high of $56.80. The stock’s 50-day moving average is currently $51.59. The company has a market cap of $2.460 billion and a P/E ratio of 23.70.

The Hanover Insurance Group (NYSE:THG) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $1.05 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.71 by $0.34. The company had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.29 billion. The Hanover Insurance Group’s revenue was up 3.8% compared to the same quarter last year. Analysts expect that The Hanover Insurance Group will post $4.04 EPS for the current fiscal year. The Hanover Insurance Group, Inc (NYSE:THG) is a holding company.

Disclaimer : The information on this website does not constitute recommendations to buy or sell any goods or investment assets, Investing can be risky, please note that it is your own evaluation of the risks and potentials that you base your investment decision on.