The Hanover Insurance Group, Inc. (THG) Touches $110.87 High on Jan, 13; First American Financial (FAF)’s Sentiment Is 1.02

January 13, 2018 - By Michael Collier

The stock of The Hanover Insurance Group, Inc. (NYSE:THG) reached all time high today, Jan, 13 and still has $117.52 target or 6.00% above today’s $110.87 share price. This indicates more upside for the $4.71B company. This technical setup was reported by Barchart.com. If the $117.52 PT is reached, the company will be worth $282.54 million more. The stock increased 0.70% or $0.77 during the last trading session, reaching $110.87. About 98,131 shares traded. The Hanover Insurance Group, Inc. (NYSE:THG) has declined 4.72% since January 13, 2017 and is downtrending. It has underperformed by 21.42% the S&P500.

First American Financial Corporation, through its subsidiaries, provides financial services. The company has market cap of $6.59 billion. It operates through Title Insurance and Services, and Specialty Insurance divisions. It has a 23.49 P/E ratio. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related services and products.

Among 5 analysts covering Hanover Insurance Group (NYSE:THG), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Hanover Insurance Group had 12 analyst reports since August 15, 2015 according to SRatingsIntel. As per Monday, October 24, the company rating was initiated by Sandler O’Neill. The firm has “Neutral” rating by Piper Jaffray given on Thursday, November 12. Keefe Bruyette & Woods maintained it with “Hold” rating and $104.0 target in Monday, December 4 report. The stock of The Hanover Insurance Group, Inc. (NYSE:THG) has “Buy” rating given on Saturday, August 15 by Zacks. Keefe Bruyette & Woods maintained The Hanover Insurance Group, Inc. (NYSE:THG) rating on Thursday, November 2. Keefe Bruyette & Woods has “Hold” rating and $101.0 target. The firm has “Market Perform” rating by Wood given on Thursday, May 18. The rating was maintained by Sandler O’Neill on Tuesday, January 9 with “Buy”. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Friday, August 4. The stock of The Hanover Insurance Group, Inc. (NYSE:THG) earned “Outperform” rating by BMO Capital Markets on Monday, March 28. As per Thursday, October 5, the company rating was maintained by Keefe Bruyette & Woods.

Analysts await The Hanover Insurance Group, Inc. (NYSE:THG) to report earnings on February, 1. They expect $1.90 EPS, up 513.04% or $2.36 from last year’s $-0.46 per share. THG’s profit will be $80.70 million for 14.59 P/E if the $1.90 EPS becomes a reality. After $0.11 actual EPS reported by The Hanover Insurance Group, Inc. for the previous quarter, Wall Street now forecasts 1,627.27% EPS growth.

The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance services and products in the United States and internationally. The company has market cap of $4.71 billion. It operates through four divisions: Commercial Lines, Personal Lines, Chaucer, and Other. It has a 39.3 P/E ratio. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workersÂ’ compensation, specialty property, inland marine, management and professional liability, and surety, as well as monoline general liability, umbrella, healthcare, and miscellaneous commercial property insurance products.

The stock decreased 0.13% or $0.08 during the last trading session, reaching $59.43. About 477,839 shares traded. First American Financial Corporation (FAF) has risen 15.34% since January 13, 2017 and is uptrending. It has underperformed by 1.36% the S&P500.

Analysts await First American Financial Corporation (NYSE:FAF) to report earnings on February, 8. They expect $0.91 earnings per share, down 1.09% or $0.01 from last year’s $0.92 per share. FAF’s profit will be $100.85M for 16.33 P/E if the $0.91 EPS becomes a reality. After $1.12 actual earnings per share reported by First American Financial Corporation for the previous quarter, Wall Street now forecasts -18.75% negative EPS growth.

Underhill Investment Management Llc holds 8.36% of its portfolio in First American Financial Corporation for 308,650 shares. Ensemble Capital Management Llc owns 543,290 shares or 5.69% of their US portfolio. Moreover, Ariel Investments Llc has 3.02% invested in the company for 5.21 million shares. The New York-based Hamlin Capital Management Llc has invested 2.84% in the stock. Horizon Investment Services Llc, a Indiana-based fund reported 91,207 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: