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PROG Holdings Inc has a consensus price target of $53.83 based on the ratings of 8 analysts. The high is $60 issued by Stephens & Co. on November 13, 2024. The low is $47 issued by TD Cowen on July 25, 2024. The 3 most-recent analyst ratings were released by Stephens & Co., Raymond James, and Jefferies on November 13, 2024, October 24, 2024, and October 1, 2024, respectively. With an average price target of $55.33 between Stephens & Co., Raymond James, and Jefferies, there's an implied 17.78% upside for PROG Holdings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for PROG Holdings (NYSE:PRG) was reported by Stephens & Co. on November 13, 2024. The analyst firm set a price target for $60.00 expecting PRG to rise to within 12 months (a possible 27.71% upside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for PROG Holdings (NYSE:PRG) was provided by Stephens & Co., and PROG Holdings initiated their overweight rating.
The last upgrade for PROG Holdings Inc happened on October 24, 2024 when Raymond James raised their price target to $48. Raymond James previously had a market perform for PROG Holdings Inc.
The last downgrade for PROG Holdings Inc happened on June 5, 2023 when Loop Capital changed their price target from N/A to $34 for PROG Holdings Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PROG Holdings, 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 PROG Holdings was filed on November 13, 2024 so you should expect the next rating to be made available sometime around November 13, 2025.
While ratings are subjective and will change, the latest PROG Holdings (PRG) rating was a initiated with a price target of $0.00 to $60.00. The current price PROG Holdings (PRG) is trading at is $46.98, which is within the analyst’s predicted range.
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