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Analysts Offer Insights on Financial Companies: CME Group (CME) and Progressive (PGR)

Tipranks - Fri Jun 19, 4:15AM CDT

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on CME Group (CME) and Progressive (PGR).

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CME Group (CME)

Barclays analyst Benjamin Budish maintained a Hold rating on CME Group today and set a price target of $316.00. The company’s shares closed last Wednesday at $252.54.

According to TipRanks.com, Budish is a 5-star analyst with an average return of 10.6% and a 56.9% success rate. Budish covers the Financial sector, focusing on stocks such as Virtus Investment Partners, Intercontinental Exchange, and Apollo Global Management. ;'>

Currently, the analyst consensus on CME Group is a Hold with an average price target of $305.09, a 21.0% upside from current levels. In a report issued on June 5, Erste Group also downgraded the stock to Hold.

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Progressive (PGR)

Barclays analyst Alex Scott maintained a Buy rating on Progressive today and set a price target of $246.00. The company’s shares closed last Wednesday at $204.42, close to its 52-week low of $201.34.

According to TipRanks.com, Scott is a 4-star analyst with an average return of 5.5% and a 54.7% 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 $223.92, a 9.7% upside from current levels. In a report issued on June 9, Bank of America Securities also maintained a Buy rating on the stock.

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