Hanover Insurance Receives Hold Rating from Morgan Stanley with $185 Price Target

Friday, Aug 1, 2025 1:58 pm ET1min read

Morgan Stanley analyst Bob Huang has maintained a Hold rating for Hanover Insurance with a price target of $185.00. The analyst's average return is -0.8% and success rate is 51.61%. The current analyst consensus is a Strong Buy with an average price target of $192.00. Hanover Insurance has a market cap of $6.16B and P/E ratio of 11.30.

Analysts have shown increased confidence in The Hanover Insurance Group (NYSE: THG) following a series of upgrades to their stock ratings and price targets. The firm has seen its stock price rise, driven by positive earnings reports and analyst optimism.

On July 31, JMP Securities raised its target price for THG from $185.00 to $200.00, indicating a potential upside of 14.45% from the stock's current price [1]. This follows similar upgrades from other firms such as Keefe, Bruyette & Woods, Morgan Stanley, and Citigroup, which have collectively shifted their ratings to more favorable positions [1].

The latest earnings report, released on July 30, showed that THG reported $4.35 earnings per share (EPS) for the quarter, surpassing the consensus estimate of $3.07 by $1.28. The company also reported a net margin of 6.98% and a return on equity of 18.23%, demonstrating strong financial performance [1].

Institutional investors have also shown increased interest in THG, with several funds recently adding to their stakes. Clearstead Trust LLC, Ameritas Advisory Services LLC, True Wealth Design LLC, and Versant Capital Management Inc. have all increased their holdings in the company [1].

Despite the positive sentiment, not all analysts share the same view. Morgan Stanley analyst Bob Huang has maintained a Hold rating for THG with a price target of $185.00. However, the current analyst consensus is a Strong Buy with an average price target of $192.00, reflecting the overall bullish outlook on the stock [2].

The Hanover Insurance Group has a market capitalization of $6.16 billion and a P/E ratio of 11.30, making it an attractive option for investors seeking exposure to the insurance sector [2].

References:
[1] https://www.marketbeat.com/instant-alerts/the-hanover-insurance-group-nysethg-stock-price-expected-to-rise-jmp-securities-analyst-says-2025-07-31/
[2] https://www.marketbeat.com/instant-alerts/filing-morgan-stanley-nysems-shares-acquired-by-torray-investment-partners-llc-2025-07-31/

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