Progressive (PGR) Receives a Buy from Roth MKM
In a report released today, Harry Fong from Roth MKM maintained a Buy rating on Progressive, with a price target of $235.00.
President's Day Sale - 70% Off
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Fong covers the Financial sector, focusing on stocks such as Progressive, Allstate, and Chubb. According to TipRanks, Fong has an average return of 10.9% and a 65.93% success rate on recommended stocks.
In addition to Roth MKM, Progressive also received a Buy from Bank of America Securities’s Joshua Shanker in a report issued on February 9. However, yesterday, William Blair maintained a Hold rating on Progressive (NYSE: PGR).
Based on Progressive’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $22.51 billion and a net profit of $2.62 billion. In comparison, last year the company earned a revenue of $19.71 billion and had a net profit of $2.33 billion
Read More on PGR:
Disclaimer & DisclosureReport an Issue
- Progressive Reports January 2026 Financial Performance Update
- Progressive reports January EPS $1.98 vs. $1.90 last year
- Neutral on Progressive: Rising Loss Ratios and Intensifying Competition Limit Upside Despite Above-Consensus EPS Forecasts
- Progressive price target lowered to $216 from $230 at Jefferies
- Progressive price target lowered to $329 from $334 at BofA
