Piper Sandler analyst Paul Newsome raised the firm’s price target on The Hanover to $147 from $143 and keeps an Overweight rating on the shares following quarterly results. The firm continues to believe The Hanover is a play on the recovering personal lines business.
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Read More on THG:
- The Hanover price target raised to $150 from $135 at Oppenheimer
- The Hanover Reports Fourth Quarter Net Income and Operating Income of $2.98 and $3.13 per Diluted Share, Respectively; Net and Operating Return on Equity of 18.8% and 15.7%, Respectively
- The Hanover reports Q4 operating EPS $3.13, consensus $2.73
- THG Upcoming Earnings Report: What to Expect?
