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Buckingham Research Increases Progressive (NYSE:PGR) Price Target to $78.00 – TechNewsObserver

One investment analyst has rated the stock with a sell rating, five have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The stock has a market capitalization of $42.49 billion, a P/E ratio of 16.44, a price-to-earnings-growth ratio of 1.92 and a beta of 0.68. During the same quarter in the prior year, the firm posted $1.19 earnings per share. As a group, research analysts predict that Progressive will post 5.42 EPS for the current fiscal year. Amundi Pioneer Asset Management Inc. now owns 5,112,626 shares of the insurance provider’s stock worth $368,569,000 after purchasing an additional 2,631,367 shares in the last quarter.

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