Morgan Stanley cuts target to USD 230 for The Hanover Insurance Group stock

Published on 10/28/2026 at 06:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 results are due after the October 28, 2026 close, with USD 4.56 EPS expected. The Hanover Insurance Group stock has USD 1.81 billion revenue estimates.

Analyst revisions before results

Morgan Stanley lowered its target to USD 230 on October 6, 2026.
MarketBeat projected third-quarter revenue of USD 1.81 billion for October 28, 2026.
The NYSE closing price was USD 235.84 on October 27, 2026.

THG, US4108671052, Illustration mit AI erstellt.

The Hanover Insurance Group (ISIN US4108671052) enters its third-quarter reporting date with Morgan Stanley's target reduced from USD 240 to USD 230 on October 6, 2026, according to Yahoo Finance. The revision places the analyst target below the company's October 27 NYSE closing price of USD 235.84.

Three target changes set the tone

The recent sequence shows a divided analyst picture. On July 30, 2026, Royal Bank of Canada raised its target from USD 215 to USD 235 and kept a Sector Perform rating, according to MarketBeat. Keefe, Bruyette and Woods then lifted its target from USD 222 to USD 232 on September 18, 2026, before Morgan Stanley cut its target to USD 230 on October 6, 2026, the same source reported.

That target range matters because The Hanover reported USD 1.73 billion of revenue and USD 5.31 earnings per share for the second quarter of 2026, compared with USD 1.65 billion and USD 3.84 expected by analysts, according to Markets Insider. Revenue therefore increased 4.6 percent year over year, while earnings per share exceeded consensus by USD 1.47.

What does the next report need to show?

MarketBeat projected third-quarter 2026 earnings of USD 4.56 per share and revenue of USD 1.81 billion for the October 28, 2026 release. The comparison is demanding because the year-earlier quarter produced USD 5.09 per share and USD 1.67 billion of revenue, according to the same report. The earnings call is scheduled for October 29, 2026, at 10:00 a.m. ET, according to Yahoo Finance.

Two dates frame the release

The first date is October 28, 2026, the scheduled publication of third-quarter results after the market close. The second is October 29, 2026, the scheduled earnings call, giving management an opportunity to explain the earnings outlook and the assumptions behind the USD 4.56 consensus estimate.

Insurance mix supports the backdrop

The company says it provides property and casualty coverage for businesses and individuals through independent agents and brokers. Its latest investor-relations page lists full-year 2025 net premiums written of USD 6.3 billion, operating return on equity of 20.1 percent and a 91.6 percent combined ratio, according to Hanover Insurance Group.

On the NYSE, the stock closed at USD 235.84 on October 27, 2026 at 4:00 p.m. EDT. The next comparison will be between the USD 4.56 earnings estimate and the company's reported third-quarter result. The further course of trading is shown by the continuously updated real-time quote of THG stock.