Progress Software (PRGS)
(Delayed Data from NSDQ)
$57.01 USD
-0.58 (-1.01%)
Updated Sep 23, 2024 03:52 PM ET
After-Market: $56.87 -0.14 (-0.25%) 4:18 PM ET
3-Hold of 5 3
B Value C Growth A Momentum B VGM
Progress Software (PRGS) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$63.29 | $68.00 | $55.00 | 9.90% |
Price Target
Based on short-term price targets offered by seven analysts, the average price target for Progress Software comes to $63.29. The forecasts range from a low of $55.00 to a high of $68.00. The average price target represents an increase of 9.9% from the last closing price of $57.59.
Analyst Price Targets (7 )
Broker Rating
Progress Software currently has an average brokerage recommendation (ABR) of 1.57 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by seven brokerage firms. The current ABR compares to an ABR of 1.57 a month ago based on seven recommendations.
Of the seven recommendations deriving the current ABR, five are Strong Buy, representing 71.43% of all recommendations. A month ago, Strong Buy represented 71.43%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 5 | 5 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 2 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.57 | 1.57 | 1.57 | 1.57 | 1.57 |
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 |
---|---|---|---|---|
7/18/2024 | Wedbush Securities | Daniel H Ives | Strong Buy | Strong Buy |
6/26/2024 | D.A. Davidson | Lucky Schreiner | Strong Buy | Strong Buy |
6/26/2024 | Not Identified | Not Identified | Hold | Hold |
6/25/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/25/2024 | Guggenheim Securities | Raymond Mcdonough | Strong Buy | Strong Buy |
5/1/2024 | Not Identified | Not Identified | Hold | Hold |
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 | 1.57 |
ABR (Last week) | 1.57 |
# of Recs in ABR | 7 |
Average Target Price | $63.29 |
LT Growth Rate | 2.00% |
Industry | Computer - Software |
Industry Rank by ABR | 75 of 253 |
Current Quarter EPS Est: | 1.14 |
PRGS FAQs
Progress Software Corporation (PRGS) currently has an average brokerage recommendation (ABR) of 1.57 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 7 brokerage firms.
The average price target for Progress Software Corporation (PRGS) is $63.29. The current on short-term price targets is based on 5 reports.
The forecasts for Progress Software Corporation (PRGS) range from a low of $55 to a high of $68. The average price target represents a increase of $9.90 from the last closing price of $57.59.
The current UPSIDE for Progress Software Corporation (PRGS) is 9.90%
Based on short-term price targets offered by seven analysts, the average price target for Progress Software comes to $63.29. The forecasts range from a low of $55.00 to a high of $68.00. The average price target represents an increase of 9.9% from the last closing price of $57.59.