Progressive Corporation (The) – Consensus indicates a potential downside of -3.8%.

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Progressive Corporation (The) – Consensus indicates a potential downside of -3.8%.
Progressive Corporation (The) – Consensus indicates a potential downside of -3.8%.


Progressive Corporation (The) found using ticker (PGR) now has a total of 15 analysts covering the stock. The consensus rating is ‘Hold’. The price target ranges between 165 and 100, with an average price target of 127.13. Now with the previous closing price of 132.15 this now shows a potential downside of -3.8%. It has a 50-day moving average of 124.45 and the 200-day MA is 117.36. The company’s market cap is $76.787M. You can visit the company’s website by visiting:

The potential market cap would be $73,870 million based on market consensus.

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Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability and other specialty property casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines and Property. The Personal Lines segment underwrites personal automobiles and recreational vehicles (RVs). The products of this segment include personal motor insurance; and specialty lines products including motorcycle, ATV, RV, watercraft, snowmobile and related products. The Commercial Lines segment provides automobile-related basic liability and physical damage insurance, as well as business-related general liability and property insurance for cars, vans, pickup trucks and dump trucks used by small businesses; tractors, trailers and trucks used primarily by regional general freight and forwarder-type companies and long-haul operators; dump trucks, log trucks and garbage trucks used by dirt, sand and gravel, logging and coal companies; and tow trucks and breakers used in the towing services and gas/gas station business; as well as non-fleet taxis and airport taxis and black car services. The Property segment issues residential property insurance for homeowners, other property owners and renters, and offers personal umbrella insurance and primary and additional flood insurance. The company also offers policy issuance and claims adjustment services; and acts as an agent for homeowners’ general liability, workers’ compensation insurance and other products. It also provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on the Internet via mobile devices and over the phone. Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.


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