11 Cheap Growth Stocks to Buy Right Now

5. The Hanover Insurance Group, Inc. (NYSE:THG)

On February 25, 2026, Keefe Bruyette raised the price target on The Hanover Insurance Group, Inc. (NYSE:THG) again to $208 from $207 and maintained an Outperform rating on the shares. Just a few weeks earlier, on February 9, 2026, Keefe Bruyette also raised the price target on The Hanover to $207 from $200. The firm said the shares’ current valuation underappreciates the ongoing “margin-expanding rate increases” within the company’s Core Commercial and Specialty segments.

Earlier in February, The Hanover Insurance Group, Inc. (NYSE:THG) reported fourth-quarter non-GAAP EPS of $5.79 versus consensus of $5.03 and book value per share of $100.90, up 5.1% from September 30, 2025. President and CEO John C. Roche said the company delivered “outstanding results” in 2025, including a record annual operating return on equity of 20.1% and 23.1% in the fourth quarter while generating $6.3B in net written premiums, reflecting about 4% year-over-year growth. John C. Roche highlighted strong retention in Personal Lines driven by customers holding multiple policies, continued opportunities in small-to-middle-market accounts in Core Commercial, and growth potential in Specialty despite more competition in larger property accounts.

The Hanover Insurance Group, Inc. (NYSE:THG) provides property and casualty insurance products and services to individuals and businesses in the United States through its Core Commercial, Specialty, Personal Lines, and Other segments.