The Progressive (PGR)
(Delayed Data from NYSE)
$259.24 USD
+3.94 (1.54%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $259.31 +0.07 (0.03%) 7:58 PM ET
1-Strong Buy of 5 1
D Value B Growth A Momentum B VGM
Progressive (PGR) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$270.12 | $367.00 | $197.00 | 5.80% |
Price Target
Based on short-term price targets offered by 17 analysts, the average price target for Progressive comes to $270.12. The forecasts range from a low of $197.00 to a high of $367.00. The average price target represents an increase of 5.8% from the last closing price of $255.30.
Analyst Price Targets (17)
Broker Rating
Progressive currently has an average brokerage recommendation (ABR) of 1.71 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 21 brokerage firms. The current ABR compares to an ABR of 1.65 a month ago based on 20 recommendations.
Of the 21 recommendations deriving the current ABR, 13 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 61.9% and 4.76% of all recommendations. A month ago, Strong Buy made up 65%, while Buy represented 5%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 13 | 13 | 13 | 11 | 11 |
Buy | 1 | 1 | 1 | 1 | 0 |
Hold | 7 | 7 | 6 | 8 | 9 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.71 | 1.71 | 1.65 | 1.85 | 1.90 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/5/2024 | William Blair | Adam Klauber | Strong Buy | Strong Buy |
9/4/2024 | Not Identified | Not Identified | Not Available | Hold |
8/15/2024 | Goldman Sachs | Robert A Cox | Hold | Strong Buy |
8/15/2024 | Raymond James | Charles G Peters | Hold | Hold |
8/12/2024 | Not Identified | Not Identified | Hold | Strong Buy |
8/6/2024 | Evercore Partners | David Motemaden | Strong Buy | Strong Buy |
7/22/2024 | UBS | Brian R Meredith | Hold | Hold |
7/17/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/17/2024 | Keefe Bruyette & Woods | Meyer Shields | Hold | Moderate Buy |
7/17/2024 | Wells Fargo Securities | Elyse Greenspan | Strong Buy | Strong Buy |
7/16/2024 | Piper Sandler | Paul Newsome | Strong Buy | Strong Buy |
7/16/2024 | Not Identified | Not Identified | Hold | Hold |
6/26/2024 | Roth Capital Partners | Harry Fong | Strong Buy | Strong Buy |
6/17/2024 | Not Identified | Not Identified | Hold | Hold |
5/16/2024 | Not Identified | Not Identified | Hold | Hold |
5/16/2024 | BMO Capital Markets | Michael Zaremski | Strong Buy | Strong Buy |
4/1/2024 | Cowen & Co. | Andrew S Kligerman | Hold | Hold |
1/16/2024 | Dowling & Partners | Brenna C Sullivan | Hold | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.71 |
ABR (Last week) | 1.71 |
# of Recs in ABR | 21 |
Average Target Price | $271.18 |
LT Growth Rate | 27.20% |
Industry | Insurance - Property and Casualty |
Industry Rank by ABR | 21 of 253 |
Current Quarter EPS Est: | 3.22 |
PGR FAQs
The Progressive Corporation (PGR) currently has an average brokerage recommendation (ABR) of 1.71 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 21 brokerage firms.
The average price target for The Progressive Corporation (PGR) is $271.18. The current on short-term price targets is based on 12 reports.
The forecasts for The Progressive Corporation (PGR) range from a low of $197 to a high of $367. The average price target represents a increase of $4.61 from the last closing price of $259.24.
The current UPSIDE for The Progressive Corporation (PGR) is 4.61%
Based on short-term price targets offered by 17 analysts, the average price target for Progressive comes to $270.12. The forecasts range from a low of $197.00 to a high of $367.00. The average price target represents an increase of 5.8% from the last closing price of $255.30.