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Progressive

PGRNYSE
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$216.30
-3.05-1.39%
At Close: -
$216.30
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Q2 2024 Earnings were released on Tue Jul 16th, before the market open
Progressive (PGR) ForecastNewsEarningsGuidanceDividends

Analyst Ratings

Insider TradesGovernment TradesShort Interest
Consensus Rating1
Overweight
Highest Price Target1
$296.00
Lowest Price Target1
$112.00
Consensus Price Target1
$213.67

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Progressive (NYSE:PGR) Stock, Analyst Ratings, Price Targets, Forecasts

Progressive Corp has a consensus price target of $213.67 based on the ratings of 19 analysts. The high is $296 issued by B of A Securities on July 18, 2024. The low is $112 issued by Barclays on November 20, 2023. The 3 most-recent analyst ratings were released by B of A Securities, BMO Capital, and Citigroup on July 18, 2024, July 18, 2024, and July 17, 2024, respectively. With an average price target of $253.33 between B of A Securities, BMO Capital, and Citigroup, there's an implied 17.12% upside for Progressive Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
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Analyst Rating and Forecast
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3.6
Buy
Strong Buy
Buy
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Strong Sell

Analyst Firms Making Recommendations1

B of A Securities
BMO Capital
Citigroup
Jefferies
Roth MKM

1calculated from analyst ratings

Analyst Ratings for Progressive

Buy NowGet Alert
07/18/2024Buy Now36.85%B of A Securities
Joshua Shanker
$293 → $296MaintainsBuyGet Alert
07/18/2024Buy Now10.49%BMO Capital
Michael Zaremski
$235 → $239MaintainsOutperformGet Alert
07/17/2024Buy Now4.02%Citigroup
Michael Ward
$232 → $225MaintainsNeutralGet Alert
07/17/2024Buy Now18.82%Jefferies
Yaron Kinar
$256 → $257MaintainsBuyGet Alert
07/17/2024Buy Now8.65%Roth MKM
Harry Fong
$235 → $235MaintainsBuyGet Alert
07/17/2024Buy Now13.27%Keefe, Bruyette & Woods
Meyer Shields
$210 → $245UpgradeMarket Perform → OutperformGet Alert
07/17/2024Buy Now35.46%B of A Securities
Joshua Shanker
$276 → $293MaintainsBuyGet Alert
07/11/2024Buy Now27.6%B of A Securities
Joshua Shanker
$281 → $276MaintainsBuyGet Alert
07/11/2024Buy Now10.49%JP Morgan
Jimmy Bhullar
$210 → $239MaintainsOverweightGet Alert
06/26/2024Buy Now8.65%Roth MKM
Harry Fong
$235 → $235MaintainsBuyGet Alert
06/17/2024Buy Now8.65%BMO Capital
Michael Zaremski
$235 → $235MaintainsOutperformGet Alert
06/17/2024Buy Now7.26%Citigroup
Michael Ward
$230 → $232MaintainsNeutralGet Alert
06/17/2024Buy Now17.43%Wells Fargo
Elyse Greenspan
$243 → $254MaintainsOverweightGet Alert
06/10/2024Buy Now17.89%Morgan Stanley
Bob Huang
$256 → $255MaintainsOverweightGet Alert
05/20/2024Buy Now12.34%Wells Fargo
Elyse Greenspan
$244 → $243MaintainsOverweightGet Alert
05/16/2024Buy Now32.22%B of A Securities
Joshua Shanker
$279 → $286MaintainsBuyGet Alert
05/16/2024Buy Now8.65%BMO Capital
Michael Zaremski
$234 → $235MaintainsOutperformGet Alert
04/17/2024Buy Now0.79%UBS
Brian Meredith
$216 → $218MaintainsNeutralGet Alert
04/17/2024Buy Now26.21%B of A Securities
Joshua Shanker
$279 → $273MaintainsBuyGet Alert
04/15/2024Buy Now4.02%Citigroup
Michael Ward
$202 → $225MaintainsNeutralGet Alert
04/15/2024Buy Now18.35%Morgan Stanley
Bob Huang
$247 → $256MaintainsOverweightGet Alert
04/15/2024Buy Now13.27%Jefferies
Yaron Kinar
$241 → $245MaintainsBuyGet Alert
04/11/2024Buy Now10.03%Wells Fargo
Elyse Greenspan
$232 → $238MaintainsOverweightGet Alert
04/11/2024Buy Now14.19%Morgan Stanley
Bob Huang
$228 → $247MaintainsOverweightGet Alert
04/10/2024Buy Now-7.54%Keefe, Bruyette & Woods
Meyer Shields
$190 → $200MaintainsMarket PerformGet Alert
04/08/2024Buy Now-6.61%JP Morgan
Jimmy Bhullar
$171 → $202MaintainsOverweightGet Alert
04/02/2024Buy Now22.05%B of A Securities
Joshua Shanker
$265 → $264MaintainsBuyGet Alert
04/01/2024Buy Now10.96%Piper Sandler
Paul Newsome
 → $240MaintainsOverweightGet Alert
03/28/2024Buy Now-7.54%HSBC
Vikram Gandhi
$174 → $200MaintainsHoldGet Alert
03/25/2024Buy Now-0.14%Goldman Sachs
Alex Scott
$161 → $216MaintainsNeutralGet Alert
03/18/2024Buy Now-12.16%Keefe, Bruyette & Woods
Meyer Shields
$185 → $195MaintainsMarket PerformGet Alert
03/18/2024Buy Now8.65%Roth MKM
Harry Fong
$215 → $235MaintainsBuyGet Alert
03/18/2024Buy Now-6.61%Citigroup
Michael Ward
$192 → $202MaintainsNeutralGet Alert
03/06/2024Buy Now4.95%Morgan Stanley
Bob Huang
$185 → $227UpgradeEqual-Weight → OverweightGet Alert
03/04/2024Buy Now20.67%B of A Securities
Joshua Shanker
$256 → $261MaintainsBuyGet Alert
01/26/2024Buy Now-19.09%Keefe, Bruyette & Woods
Meyer Shields
$158 → $175MaintainsMarket PerformGet Alert
01/25/2024Buy Now-7.54%Roth MKM
Harry Fong
$185 → $200MaintainsBuyGet Alert
01/25/2024Buy Now-7.54%BMO Capital
Michael Zaremski
$185 → $200MaintainsOutperformGet Alert
01/25/2024Buy Now-4.3%Piper Sandler
Paul Newsome
$188 → $207MaintainsOverweightGet Alert
01/10/2024Buy Now-21.41%UBS
Brian Meredith
$159 → $170MaintainsNeutralGet Alert
01/10/2024Buy Now-19.56%TD Cowen
Andrew Kligerman
 → $174Initiates → Market PerformGet Alert
12/28/2023Buy Now-24.18%HSBC
Vikram Gandhi
 → $164Initiates → HoldGet Alert
12/18/2023Buy Now-18.63%Wells Fargo
Elyse Greenspan
$144 → $176UpgradeEqual-Weight → OverweightGet Alert
12/12/2023Buy Now—Raymond James
C. Gregory Peters
—DowngradeOutperform → Market PerformGet Alert
11/20/2023Buy Now-48.22%Barclays
Tracy Benguigui
$111 → $112MaintainsUnderweightGet Alert
11/20/2023Buy Now-14.47%Roth MKM
Harry Fong
 → $185ReiteratesBuy → BuyGet Alert
11/20/2023Buy Now-13.08%Piper Sandler
Paul Newsome
$186 → $188MaintainsOverweightGet Alert
11/20/2023Buy Now-24.18%Morgan Stanley
Bob Huang
$160 → $164MaintainsEqual-WeightGet Alert
11/07/2023Buy Now-26.03%Goldman Sachs
Alex Scott
$140 → $160MaintainsNeutralGet Alert
11/01/2023Buy Now-26.03%Morgan Stanley
Bob Huang
$135 → $160UpgradeUnderweight → Equal-WeightGet Alert
10/25/2023Buy Now-16.78%BMO Capital
Michael Zaremski
$155 → $180UpgradeMarket Perform → OutperformGet Alert
10/17/2023Buy Now-33.43%Wells Fargo
Elyse Greenspan
$128 → $144MaintainsEqual-WeightGet Alert
10/17/2023Buy Now-32.96%Keefe, Bruyette & Woods
Meyer Shields
$135 → $145MaintainsMarket PerformGet Alert
10/17/2023Buy Now-26.95%Citigroup
Michael Ward
$120 → $158UpgradeSell → NeutralGet Alert
10/16/2023Buy Now-28.34%BMO Capital
Michael Zaremski
$145 → $155MaintainsMarket PerformGet Alert
10/16/2023Buy Now-23.72%Raymond James
C. Gregory Peters
$145 → $165MaintainsOutperformGet Alert
10/11/2023Buy Now-37.59%Morgan Stanley
Michael Phillips
$124 → $135MaintainsUnderweightGet Alert
10/02/2023Buy Now-31.11%JP Morgan
Jimmy Bhullar
$146 → $149MaintainsOverweightGet Alert
09/18/2023Buy Now-42.67%Morgan Stanley
Michael Phillips
$114 → $124MaintainsUnderweightGet Alert
09/18/2023Buy Now-23.72%Roth MKM
Harry Fong
 → $165ReiteratesBuy → BuyGet Alert
09/18/2023Buy Now-44.52%Citigroup
Michael Ward
$106 → $120MaintainsSellGet Alert
09/18/2023Buy Now-38.51%Piper Sandler
Paul Newsome
$132 → $133MaintainsNeutralGet Alert
08/17/2023Buy Now-39.9%BMO Capital
Michael Zaremski
$125 → $130MaintainsMarket PerformGet Alert
08/17/2023Buy Now-32.96%Raymond James
C. Gregory Peters
$140 → $145MaintainsOutperformGet Alert
08/17/2023Buy Now-49.61%Barclays
Tracy Benguigui
$107 → $109MaintainsUnderweightGet Alert
08/02/2023Buy Now-42.21%BMO Capital
Michael Zaremski
$120 → $125MaintainsMarket PerformGet Alert
08/02/2023Buy Now-50.53%Barclays
Tracy Benguigui
$103 → $107MaintainsUnderweightGet Alert
07/26/2023Buy Now-47.3%Morgan Stanley
Michael Phillips
$136 → $114MaintainsUnderweightGet Alert
07/25/2023Buy Now-47.3%Morgan Stanley
Michael Phillips
$135 → $114DowngradeEqual-Weight → UnderweightGet Alert
07/19/2023Buy Now-44.52%BMO Capital
Michael Zaremski
$140 → $120MaintainsMarket PerformGet Alert
07/17/2023Buy Now-32.5%JP Morgan
Jimmy Bhullar
 → $146UpgradeNeutral → OverweightGet Alert
07/17/2023Buy Now-35.28%Raymond James
C. Gregory Peters
$145 → $140MaintainsOutperformGet Alert
07/14/2023Buy Now-50.99%Citigroup
Michael Ward
$123 → $106MaintainsSellGet Alert
07/14/2023Buy Now-52.38%Barclays
Tracy Benguigui
$120 → $103MaintainsUnderweightGet Alert
07/14/2023Buy Now-40.82%Wells Fargo
Elyse Greenspan
$162 → $128DowngradeOverweight → Equal-WeightGet Alert
06/27/2023Buy Now-43.13%Citigroup
Michael Ward
 → $123ReiteratesSell → SellGet Alert
06/20/2023Buy Now-37.59%Morgan Stanley
Michael Phillips
 → $135Initiates → Equal-WeightGet Alert
06/20/2023Buy Now-32.96%Raymond James
C. Gregory Peters
$150 → $145MaintainsOutperformGet Alert
06/15/2023Buy Now-35.28%BMO Capital
Michael Zaremski
$145 → $140MaintainsMarket PerformGet Alert
06/01/2023Buy Now-43.13%Citigroup
Michael Ward
$121 → $123ReiteratesSell → SellGet Alert
05/22/2023Buy Now-25.1%Wells Fargo
Elyse Greenspan
$159 → $162MaintainsOverweightGet Alert
05/18/2023Buy Now-37.12%Keefe, Bruyette & Woods
Meyer Shields
$133 → $136MaintainsMarket PerformGet Alert
05/18/2023Buy Now-43.13%Barclays
Tracy Benguigui
$118 → $123MaintainsUnderweightGet Alert
05/03/2023Buy Now-8.92%B of A Securities
Joshua Shanker
$188 → $197MaintainsBuyGet Alert
05/03/2023Buy Now-44.06%Citigroup
Michael Ward
$124 → $121MaintainsSellGet Alert
04/27/2023Buy Now-30.65%BMO Capital
Michael Zaremski
$165 → $150DowngradeOutperform → Market PerformGet Alert
04/18/2023Buy Now-38.51%Keefe, Bruyette & Woods
Meyer Shields
$140 → $133MaintainsMarket PerformGet Alert
04/18/2023Buy Now-42.67%Citigroup
Michael Ward
$111 → $124MaintainsSellGet Alert
04/14/2023Buy Now-24.64%Evercore ISI Group
David Motemaden
$167 → $163MaintainsOutperformGet Alert
04/14/2023Buy Now-33.89%Credit Suisse
Andrew Kligerman
 → $143Reiterates → NeutralGet Alert
04/14/2023Buy Now-13.08%B of A Securities
Joshua Shanker
$178 → $188MaintainsBuyGet Alert
04/14/2023Buy Now-45.45%Barclays
Tracy Benguigui
$121 → $118MaintainsUnderweightGet Alert
04/12/2023Buy Now-44.06%Barclays
Tracy Benguigui
$123 → $121MaintainsUnderweightGet Alert
04/10/2023Buy Now-22.33%Jefferies
Yaron Kinar
$159 → $168MaintainsBuyGet Alert
04/05/2023Buy Now-26.49%Wells Fargo
Elyse Greenspan
$158 → $159MaintainsOverweightGet Alert
03/31/2023Buy Now-38.97%JP Morgan
Jimmy Bhullar
$130 → $132MaintainsNeutralGet Alert
03/16/2023Buy Now-26.95%Wells Fargo
Elyse Greenspan
$116 → $158UpgradeUnderweight → OverweightGet Alert
02/17/2023Buy Now-35.28%Keefe, Bruyette & Woods
Meyer Shields
$127 → $140MaintainsMarket PerformGet Alert
02/16/2023Buy Now-23.72%Roth MKM
Harry Fong
$150 → $165MaintainsBuyGet Alert
02/16/2023Buy Now-23.72%BMO Capital
Michael Zaremski
$155 → $165MaintainsOutperformGet Alert

FAQ

Q

What is the target price for Progressive (PGR) stock?

A

The latest price target for Progressive (NYSE:PGR) was reported by B of A Securities on July 18, 2024. The analyst firm set a price target for $296.00 expecting PGR to rise to within 12 months (a possible 36.85% upside). 69 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Progressive (PGR)?

A

The latest analyst rating for Progressive (NYSE:PGR) was provided by B of A Securities, and Progressive maintained their buy rating.

Q

When was the last upgrade for Progressive (PGR)?

A

The last upgrade for Progressive Corp happened on July 17, 2024 when Keefe, Bruyette & Woods raised their price target to $245. Keefe, Bruyette & Woods previously had a market perform for Progressive Corp.

Q

When was the last downgrade for Progressive (PGR)?

A

The last downgrade for Progressive Corp happened on December 12, 2023 when Raymond James changed their price target from N/A to N/A for Progressive Corp.

Q

When is the next analyst rating going to be posted or updated for Progressive (PGR)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Progressive, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Progressive was filed on July 18, 2024 so you should expect the next rating to be made available sometime around July 18, 2025.

Q

Is the Analyst Rating Progressive (PGR) correct?

A

While ratings are subjective and will change, the latest Progressive (PGR) rating was a maintained with a price target of $293.00 to $296.00. The current price Progressive (PGR) is trading at is $216.30, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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