The Progressive (PGR)
(Delayed Data from NYSE)
$238.75 USD
+0.97 (0.41%)
Updated Aug 20, 2024 04:00 PM ET
After-Market: $238.73 -0.02 (-0.01%) 7:58 PM ET
2-Buy of 5 2
C Value B Growth C Momentum B VGM
Progressive (PGR) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$249.00 | $294.00 | $197.00 | 4.72% |
Price Target
Based on short-term price targets offered by 16 analysts, the average price target for Progressive comes to $249.00. The forecasts range from a low of $197.00 to a high of $294.00. The average price target represents an increase of 4.72% from the last closing price of $237.78.
Analyst Price Targets (16)
Broker Rating
Progressive currently has an average brokerage recommendation (ABR) of 1.65 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 20 brokerage firms. The current ABR compares to an ABR of 1.85 a month ago based on 20 recommendations.
Of the 20 recommendations deriving the current ABR, 13 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 65% and 5% of all recommendations. A month ago, Strong Buy made up 55%, while Buy represented 5%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/PGR.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 13 | 13 | 11 | 11 | 11 |
Buy | 1 | 1 | 1 | 0 | 0 |
Hold | 6 | 6 | 8 | 9 | 9 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.65 | 1.65 | 1.85 | 1.90 | 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 |
---|---|---|---|---|
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 | Wells Fargo Securities | Elyse Greenspan | Strong Buy | Strong Buy |
7/17/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/17/2024 | Keefe Bruyette & Woods | Meyer Shields | Hold | Moderate Buy |
7/16/2024 | Not Identified | Not Identified | Hold | Hold |
7/16/2024 | Piper Sandler | Paul Newsome | Strong Buy | Strong Buy |
6/26/2024 | Roth Capital Partners | Harry Fong | Strong Buy | Strong Buy |
6/17/2024 | Not Identified | Not Identified | Hold | Hold |
5/16/2024 | BMO Capital Markets | Michael Zaremski | Strong Buy | Strong Buy |
5/16/2024 | Not Identified | Not Identified | Hold | Hold |
5/15/2024 | William Blair | Adam Klauber | 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 | 1.65 |
ABR (Last week) | 1.65 |
# of Recs in ABR | 20 |
Average Target Price | $249.00 |
LT Growth Rate | 24.50% |
Industry | Insurance - Property and Casualty |
Industry Rank by ABR | 26 of 253 |
Current Quarter EPS Est: | 2.72 |