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Progressive (PGR)
In a report issued on June 4, Alex Scott from Barclays maintained a Buy rating on Progressive, with a price target of $246.00. The company’s shares closed last Friday at $204.02, close to its 52-week low of $201.34.
According to TipRanks.com, Scott is a 4-star analyst with an average return of 4.2% and a 49.3% success rate. Scott covers the Financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., Hamilton Insurance Group, Ltd. Class B, and Jackson Financial Incorporation.
Progressive has an analyst consensus of Moderate Buy, with a price target consensus of $231.64, which is a 16.8% upside from current levels. In a report issued on May 21, Piper Sandler also maintained a Buy rating on the stock with a $242.00 price target.
