Alert: Rating Upgrade (12/15/23)-Hanover Insurance Group Inc (NYSE: THG).


Stock Rating Upgrade

In the last week the Value Trend Rating for Hanover Insurance Group Inc (NYSE: THG) improved from D to C reflecting improving fundamentals and high Appreciation Potential.


Recent Price Action

Hanover Insurance Group Inc (NYSE: THG) stock closed at $122.60 on 12/15/23 after a modest decline of -1.1%. Moreover, exceptionally high trading volume at 229% of normal accompanied the decline. The stock has declined -3.4% during the last week and has performed in line with 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 a Value Builder.

Hanover Insurance Group has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Hanover Insurance Group has a slightly negative Appreciation Score of 39 and a neutral Power Rating of 53, triggering the Low Neutral Value Trend Rating.

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