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THG
Volume: 192.25K

THG Stock Forecast & Price Target

THG Analyst Ratings

Based on 7 analyst ratings
Hold
Strong Buy 0%
Buy 29%
Hold 71%
Sell 0%
Strong Sell 0%

Bulls say

The Hanover Insurance Gr is benefiting from disciplined underwriting, improved claims analytics, and technology investments that have already cut turnaround time by 15-60% and lifted the quote-to-bind ratio by 10-20%, supporting better growth and operating leverage. Its core commercial, specialty, and personal lines businesses are showing resilient pricing power, with renewal increases such as 9.9% in core commercial, 8.0% in auto, and 13.9% in home, while the expense ratio has fallen from 34.8% in 2016 to 30.4% in 2023. It also has a favorable earnings mix from a predominantly fixed-income investment portfolio and rising net investment income, with 2026E/2027E/2028E NII modeled at $497 million/$528 million/$566 million, reinforcing the outlook for sustained profitability.

Bears say

The Hanover Insurance Gr is facing slowing commercial and personal lines pricing, which threatens premium growth and makes its 7% NWP 5-year CAGR and 10%-plus operating EPS growth ambitions look difficult to sustain. Competitive pressure in small-account, middle-market, and personal auto insurance, along with likely normalization of benign loss trends, could lift core loss ratios and push the combined ratio toward 98% in a downside case, limiting ROEs. Although THG trades at 10.7x 2026E earnings and 10.1x 2027E earnings versus peers at 13.2x and 12.6x, catastrophe exposure, geographic concentration, and fixed-income portfolio risk leave fundamentals vulnerable to margin compression.

THG has been analyzed by 7 analysts, with a consensus rating of Hold. 0% of analysts recommend a Strong Buy, 29% recommend Buy, 71% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Hanover Insurance Group and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Hanover Insurance Group (THG) Forecast

Analysts have given THG a Hold based on their latest research and market trends.

According to 7 analysts, THG has a Hold consensus rating as of Oct 9, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $225.71, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $225.71, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Hanover Insurance Group (THG)

Volume: 192.25K

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