S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
Is This The End of Capitalism? (Ad)
Italy's premier visits Libya for talks on energy, migration
Japan firm opens whale meat vending machines to push sales
Is This The End of Capitalism? (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
Is This The End of Capitalism? (Ad)
Italy's premier visits Libya for talks on energy, migration
Japan firm opens whale meat vending machines to push sales
Is This The End of Capitalism? (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
Is This The End of Capitalism? (Ad)
Italy's premier visits Libya for talks on energy, migration
Japan firm opens whale meat vending machines to push sales
Is This The End of Capitalism? (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
Is This The End of Capitalism? (Ad)
Italy's premier visits Libya for talks on energy, migration
Japan firm opens whale meat vending machines to push sales
Is This The End of Capitalism? (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
NYSE:PGR

Progressive - PGR Price Target & Analyst Ratings

$135.07
+0.16 (+0.12%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$134.07
$135.64
50-Day Range
$125.92
$135.47
52-Week Range
$100.81
$136.37
Volume
2.22 million shs
Average Volume
1.91 million shs
Market Capitalization
$79.03 billion
P/E Ratio
114.47
Dividend Yield
0.30%
Price Target
$125.21

Progressive Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 14 Analyst Ratings

Consensus Analyst Price Target

$125.21
-7.30% Downside
High Prediction$155.00
Average Prediction$125.21
Low Prediction$100.00
TypeCurrent
1/28/22 to 1/28/23
1 Month Ago
12/29/21 to 12/29/22
3 Months Ago
10/30/21 to 10/30/22
1 Year Ago
1/28/21 to 1/28/22
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
6 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
0 Hold rating(s)
Sell
4 Sell rating(s)
4 Sell rating(s)
4 Sell rating(s)
6 Sell rating(s)
Consensus Price Target$125.21$120.77$119.54$100.10
Predicted Upside-7.30% Downside1.64% Upside1.99% Upside2.11% Upside
Get Progressive Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for PGR and its competitors with MarketBeat's FREE daily newsletter.


PGR Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

PGR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Progressive Stock vs. The Competition

TypeProgressiveFinance CompaniesS&P 500
Consensus Rating Score
2.00
2.43
2.46
Consensus RatingHoldHoldHold
Predicted Upside-7.30% Downside52.74% Upside9.94% Upside
News Sentiment RatingNeutral News
Positive News
Neutral News

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/26/2023Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetUnderweight$114.00 ➝ $116.00-14.37%
1/26/2023Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform$145.00 ➝ $150.00+10.73%
1/19/2023BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageOutperform$155.00+23.08%
12/15/2022Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetUnderweight$104.00 ➝ $109.00-13.89%
11/22/2022Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetSell$106.00 ➝ $104.00-19.88%
10/20/2022Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$133.00+11.90%
10/7/2022Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeHold ➝ Buy$123.00 ➝ $142.00+16.47%
8/19/2022Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetEqual Weight$121.00 ➝ $130.00+1.79%
8/18/2022MKM Partners
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Harry Fong
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetBuy ➝ Buy$135.00 ➝ $150.00+17.02%
8/18/2022Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral$124.00 ➝ $127.00-0.05%
6/23/2022Keefe, Bruyette & Woods
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeUnderperform ➝ Market Perform$96.00 ➝ $107.00-2.51%
4/18/2022Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeNeutral ➝ Underweight$113.00 ➝ $100.00-10.80%
3/2/2022The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Neutral$116.00+12.36%
2/14/2022UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Neutral$106.00 ➝ $114.00+7.34%
2/9/2022Edward Jones
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold
8/16/2021Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageUnderperform$85.00-12.46%
6/17/2021Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Joshua Shanker
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetBuy ➝ Buy$127.00 ➝ $123.00+34.65%
2/1/2021Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy$108.00 ➝ $105.00+20.43%
1/7/2021B. Riley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral$88.00 ➝ $96.00-2.82%
12/8/2020Smith Barney Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Neutral$102.00 ➝ $96.00+6.37%
8/13/2020Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold
7/31/2020Benchmark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold
(Data available from 1/28/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)












PGR Price Target - Frequently Asked Questions

What is Progressive's consensus rating and price target?

According to the issued ratings of 14 analysts in the last year, the consensus rating for Progressive stock is Hold based on the current 4 sell ratings, 6 hold ratings and 4 buy ratings for PGR. The average twelve-month price prediction for Progressive is $125.21 with a high price target of $155.00 and a low price target of $100.00. Learn more on PGR's analyst rating history.

Do Wall Street analysts like Progressive more than its competitors?

Analysts like Progressive less than other Finance companies. The consensus rating score for Progressive is 2.00 while the average consensus rating score for finance companies is 2.43. Learn more on how PGR compares to other companies.

Does Progressive's stock price have much upside?

According to analysts, Progressive's stock has a predicted upside of 2.52% based on their 12-month price targets.

What analysts cover Progressive?

Progressive has been rated by Barclays, BMO Capital Markets, Citigroup, Raymond James, and Wells Fargo & Company in the past 90 days.


Stock Ratings Reports and Tools

This page (NYSE:PGR) was last updated on 1/28/2023 by MarketBeat.com Staff