Opinions
Gordon Reid
The Hanover Insurance Group
THG-N
PAST TOP PICK
Jul 24, 2014
$62.730
Stock price when the opinion was issued
Financial Services
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
TOP PICK
P&C. Rough third quarter beat down earnings, but the stock really didn't move. Markets understand that insurance companies have to pay out from time to time, but this gives them pricing power. Expects $11 EPS next year and to grow double digits for the next few years. Interest rates going up is also good. Yield is 2.25%. (Analysts’ price target is $151.67)
Financial Services
(A Top Pick July 17/13. Up 22.48%.) Their bond portfolio is basically not giving them anything. With higher interest rates, that is going to be an additive to the company. Through the winter, with the storms and everything, their combined ratio climbed a little bit. They were covering their underwriting premiums, and that has not reversed. Thinks this should continue to move higher.