Assessing Progressive: Insights From 19 Financial Analysts
Portfolio Pulse from Benzinga Insights
19 financial analysts have provided a range of ratings for Progressive (NYSE:PGR) over the past three months, with a majority being somewhat bullish. The average 12-month price target has increased to $241.21. Analysts have made various adjustments to their ratings and price targets, reflecting their perceptions of Progressive's market standing. Progressive has shown strong revenue growth and return on equity but faces challenges with net margin and debt management.
June 26, 2024 | 4:00 pm
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19 analysts have provided ratings for Progressive (NYSE:PGR) with a majority being somewhat bullish. The average 12-month price target has increased to $241.21. Progressive has shown strong revenue growth and return on equity but faces challenges with net margin and debt management.
The majority of analysts are somewhat bullish on Progressive, and the average price target has increased, indicating positive sentiment. However, the company faces challenges with net margin and debt management, which could temper the positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100