Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Hanover Insurance Group Inc (NYSE: THG) improved of late. THG’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
On 4/8/24, Hanover Insurance Group Inc (NYSE: THG) stock enjoyed a large increase of 2.4%, closing at $133.15. Moreover, this advance was accompanied by above average trading volume at 121% of normal. The stock has declined -2.2% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, THG is expected to be an important Value Builder.
Hanover Insurance Group has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Hanover Insurance Group has a neutral Appreciation Score of 40 but a very high Power Rating of 86, with the Positive Value Trend Rating the result.
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