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Analysts Offer Insights on Financial Companies: Progressive (PGR), Banco Santander SA (SAN) and South Plains Financial (SPFI)

Tipranks - Fri Jun 19, 6:55AM CDT

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Progressive (PGR), Banco Santander SA (SAN) and South Plains Financial (SPFI) with bullish sentiments.

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Progressive (PGR)

In a report released today, Paul Newsome from Piper Sandler maintained a Buy rating on Progressive, with a price target of $242.00. The company’s shares closed last Wednesday at $204.42, close to its 52-week low of $201.34.

According to TipRanks.com, Newsome is a 5-star analyst with an average return of 10.8% and a 66.1% success rate. Newsome covers the Financial sector, focusing on stocks such as Neptune Insurance Holdings, Inc. Class A, American Integrity Insurance Group, Inc., and Skyward Specialty Insurance Group, Inc. ;'>

Progressive has an analyst consensus of Moderate Buy, with a price target consensus of $230.21, a 12.8% upside from current levels. In a report issued on June 4, Barclays also maintained a Buy rating on the stock with a $246.00 price target.

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Banco Santander SA (SAN)

In a report issued on June 16, Hugo Cruz from KBW reiterated a Buy rating on Banco Santander SA. The company’s shares closed last Wednesday at $13.33.

According to TipRanks.com, Cruz is ranked #3775 out of 12315 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Banco Santander SA.

South Plains Financial (SPFI)

In a report released today, Stephen Scouten from Piper Sandler maintained a Buy rating on South Plains Financial, with a price target of $46.00. The company’s shares closed last Wednesday at $41.39.

According to TipRanks.com, Scouten is a 5-star analyst with an average return of 10.5% and a 67.2% success rate. Scouten covers the Financial sector, focusing on stocks such as USCB Financial Holdings, Inc. Class A, Pinnacle Financial Partners, and Seacoast Banking Of Florida. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for South Plains Financial with a $46.50 average price target.

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