Keefe Bruyette Raises Its Price Target on The Hanover Insurance Group, Inc. (THG) to $208 and Maintains an Outperform Rating

The Hanover Insurance Group, Inc. (NYSE:THG) is among the 11 Cheap Growth Stocks to Buy Right Now.

On February 25, 2026, Keefe Bruyette raised the price target on The Hanover Insurance Group, Inc. 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. 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. 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.

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