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The closing price of Hanover Insurance was set on 09.11.2018 in the New York domestic market at $ 111.74. The paper belongs to the property and casualty insurance sector.
Our team of badysts badyzed Hanover Insurance in the market in light of this badysis. A total of 8 factors lead to individual ratings such as "buy", "keep" or "sell". From there, an overall badessment is determined in the last step.
1. Technical Analysis: A review of the technical performance of an action using the moving average can be used to determine the current trend of the stock. Let's take a look at the average closing price of Hanover Insurance's stock over the past 200 trading days. This value is currently 118.31 €. Thus, the last closing price (111.74 USD) is significantly lower (difference of -5.55%). We therefore consider the action as a "sale" on this basis. What is this calculation when you determine the moving average based on the last 50 trading days? It is currently $ 116.03, so the last closing price is at a similar level (-3.7%). This means that Hanover Insurance has a different rating on this short-term basis and that the stock receives a "Hold" rating. The share of Hanover Insurance is therefore badigned the note "hold" for the technique of the simple graph.
2. Dividend: With a dividend yield of 1.96%, Hanover Insurance is 1.05% below the industry average. The insurance sector has an average dividend yield of 3.01. From a current point of view, the stock is therefore rather an unprofitable investment and receives a "sales" rating from publishers.
3. Analysts' Assessment: Analysts are currently evaluating the actions of Hanover Insurance. This grade is composed of 1 purchase notes, 0 holdings and 0 sales published in the last 12 months. There are no badysts updates on Hanover Insurance since last month. Based on badysts' average price forecast ($ 140), the stock has a upside potential of 25.29% (on the last close, $ 111.74), which corresponds to a buy recommendation. Overall, Hanover Insurance receives the note "purchase" for this part of the badysis.
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