In a report released today, Paul Newsome from Sandler O’Neill upgraded Hanover Insurance (NYSE: THG) to Buy, with a price target of $133. The company’s shares closed yesterday at $120.11.
According to TipRanks.com, Newsome is a 5-star analyst with an average return of 11.5% and a 80.3% success rate. Newsome covers the Financial sector, focusing on stocks such as Marsh & Mclennan Companies, Cincinnati Financial Corp, and Selective Insurance Group.
Currently, the analyst consensus on Hanover Insurance is a Moderate Buy with an average price target of $136.50.
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The company has a one-year high of $131.44 and a one-year low of $96.42. Currently, Hanover Insurance has an average volume of 174.5K.
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The Hanover Insurance Group, Inc. is a holding company that engages in the provision of property and casualty products and services. It operates through the following segments: Commercial Lines, Personal Lines, Chaucer and Other.
