The Hanover Insurance Group, Inc. (THG)
NYSE: THG · IEX Real-Time Price · USD
134.45
+1.07 (0.80%)
Jul 19, 2024, 4:00 PM EDT - Market closed
THG Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for THG stock have an average target of 151, with a low estimate of 142 and a high estimate of 165. The average target predicts an increase of 12.31% from the current stock price of 134.45.
Analyst Consensus: Buy
* Price targets were last updated on May 3, 2024.
Analyst Ratings
The average analyst rating for THG stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $150 → $165 | Buy | Maintains | $150 → $165 | +22.72% | May 3, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $150 | Buy | Reiterates | $150 | +11.57% | Apr 15, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $137 → $142 | Hold | Maintains | $137 → $142 | +5.62% | Apr 10, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $150 | Buy | Maintains | $150 | +11.57% | Apr 5, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $147 | Buy | Maintains | $147 | +9.33% | Apr 1, 2024 |
Financial Forecast
Revenue This Year
6.08B
from 5.99B
Increased by 1.43%
Revenue Next Year
6.48B
from 6.08B
Increased by 6.53%
EPS This Year
10.97
from 0.93
Increased by 1,079.46%
EPS Next Year
13.64
from 10.97
Increased by 24.32%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 6.3B | 6.9B |
| Avg | 6.1B | 6.5B |
| Low | 5.9B | 6.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 5.4% | 13.0% |
| Avg | 1.4% | 6.5% |
| Low | -1.6% | 1.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 12.03 | 14.71 |
| Avg | 10.97 | 13.64 |
| Low | 9.31 | 12.74 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 1,193.9% | 34.1% |
| Avg | 1,079.5% | 24.3% |
| Low | 901.1% | 16.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.