Expansion of Insurance Offerings: The Hanover Insurance Group has expanded its Business Owner's Advantage product to cater to a wider range of life sciences organizations, particularly early-stage and smaller businesses.
Tailored Coverage Features: The new offering includes specialized property and general liability endorsements designed to meet the unique risks faced by life sciences companies, along with over 15 new classes of eligible organizations.
Streamlined Digital Experience: The insurance can be quoted and issued quickly through The Agency Place (TAP) Sales platform, providing a fast and efficient process for agents and clients.
Commitment to Support Growth: The Hanover aims to support life sciences businesses at all stages of growth, equipping agents with tools and expertise to help their clients navigate evolving risks while focusing on innovation.
THG
$186.22+Infinity%1D
Analyst Views on THG
Wall Street analysts forecast THG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for THG is 201.00 USD with a low forecast of 194.00 USD and a high forecast of 210.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
Wall Street analysts forecast THG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for THG is 201.00 USD with a low forecast of 194.00 USD and a high forecast of 210.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 185.180
Low
194.00
Averages
201.00
High
210.00
Current: 185.180
Low
194.00
Averages
201.00
High
210.00
JPMorgan
Neutral
upgrade
2025-12-03
Reason
JPMorgan
Price Target
2025-12-03
upgrade
Neutral
Reason
JPMorgan raised the firm's price target on THG Plc to 55 GBp from 43 GBp and keeps a Neutral rating on the shares.
RBC Capital
Rowland Mayor
Sector Perform
initiated
$200
2025-11-24
Reason
RBC Capital
Rowland Mayor
Price Target
$200
2025-11-24
initiated
Sector Perform
Reason
RBC Capital analyst Rowland Mayor initiated coverage of The Hanover with a Sector Perform rating and $200 price target. The stock's valuation is "becoming more challenging" at current levels at a time when the company's turnaround story reaching its conclusion, the analyst tells investors in a research note. RBC believes Hanover's risk/reward has become more balanced with the easy gains being realized.
Keefe Bruyette
Meyer Shields
Outperform
maintain
$198 -> $200
2025-11-04
Reason
Keefe Bruyette
Meyer Shields
Price Target
$198 -> $200
2025-11-04
maintain
Outperform
Reason
Keefe Bruyette analyst Meyer Shields raised the firm's price target on The Hanover to $200 from $198 and keeps an Outperform rating on the shares.
Keefe Bruyette
Keefe Bruyette
Market Perform -> Outperform
upgrade
$173 -> $188
2025-07-08
Reason
Keefe Bruyette
Keefe Bruyette
Price Target
$173 -> $188
2025-07-08
upgrade
Market Perform -> Outperform
Reason
Keefe Bruyette upgraded The Hanover to Outperform from Market Perform with a price target of $188, up from $173. The firm adjusted ratings on the property and casualty space as part of Q2 preview. It believes catastrophe losses in the quarter suggest that pricing, loss trends, reserve development and capital deployment will dominate the earnings calls. Keefe expects moderate catastrophe losses but mostly reduced price targets to reflect tariff-related uncerintaty. It upgraded The Hanover and downgraded both Arch Capital and Renaissancere Holdings.
About THG
The Hanover Insurance Group, Inc. is the holding company, which is engaged in the business of property and casualty insurance products and services. The Company operates through three segments: Core Commercial, Specialty, Personal Lines and Other. Core Commercial product suite provides agents and customers with products designed for small and mid-sized businesses. Core Commercial segment coverage includes commercial multiple peril, workers’ compensation, and other commercial lines. Specialty segment offers a comprehensive suite of products focused predominately on small to mid-sized businesses. This includes various specialized products that are organized into four distinct divisions: Professional and Executive Lines, Specialty Property & Casualty, Marine, and Surety and Other. Personal Lines segment coverage includes Personal automobile, and Homeowners and other personal lines. The Other segment primarily includes Opus, which provides investment advisory services to affiliates.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.