Hannover Insurance Group Inc – Consensus shows potential upwards of 14.3%

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Hannover Insurance Group Inc with ticker code (THG) now have 6 analysts who cover the share. The analyst consensus suggests a “Buy” rating. The target price is between 157 and 144 with a mean TP of 151.5. With the previous market close at 132.59, this indicates a potential upside of 14.3%. The 50-day moving average is now 137.54 and the 200-day MA is now 136. The company’s market cap is $ 4,752 million. Company website: http://www.hanover.com

The Hannover Insurance Group offers various property and casualty insurance products and services in the USA through its subsidiaries. The company operates in three segments: Commercial Lines, Personal Lines and Other. The Commercial Lines segment offers commercial multiple hazard, commercial vehicle and workers’ compensation products, as well as management and professional indemnity, marine, specialty commercial and industrial property rights, monoline general liability, surety, roof, fiduciary duty, crime and other commercial covers. The Personal Lines segment offers personal vehicle and homeowner insurance, as well as other personal coverages such as umbrella, inland waterway, fire, watercraft and other various types of cover. The Others segment provides investment management and advisory services to institutions, pension funds and other organizations. The company markets its products and services through independent agents and brokers. Hannover Insurance Group was founded in 1852 and is headquartered in Worcester, Massachusetts.

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