Market Overview

Stifel Nicolaus Maintains Hold on Hanover Insurance Group

Share:

Stifel Nicolaus is out with its report today on Hanover Insurance Group (NYSE: THG), maintaining Hold.

In its report, Stifel Nicolaus writes, "We believe THG is headed in the right direction with its transformational acquisition of Chaucer. It should provide a significant buffer to the company's historical volatility in earnings stream given the geographic and product diversification. Q3 is a good example as the Chaucer acquisition is likely to provide a modest amount of steadiness in earnings during a period of extreme volatility."

At the time of posting, shares of THG were trading at $35.01, down 3.37% from Wednesday's close.

Posted-In: Stifel NicolausAnalyst Color Analyst Ratings

 

Related Articles (THG)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→