What is the analyst consensus rating for PGR?

The analyst consensus rating for PGR is "Hold" based on 12 analyst recommendations.

What is the average price target for PGR?

The average 12-month price target for PGR is $235.50, representing an upside of 20.6% from the current price of $195.25.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.

The Progressive Corporation (PGR) Forecast: Analyst Ratings & Targets

Latest PGR Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Mar 31, 2026	Bob Huang	Morgan Stanley	Maintains	Sell	$205.00 → $190.00 -15.00 (-7.3%)
Mar 25, 2026	Joshua Shanker	BofA Securities	Maintains	Strong Buy	$305.00 → $295.00 -10.00 (-3.3%)
Mar 24, 2026	Andrew Andersen	Jefferies	Maintains	Hold	$216.00 → $215.00 -1.00 (-0.5%)
Mar 23, 2026	Brian Meredith	UBS	Maintains	Hold	$218.00 → $220.00 +2.00 (0.9%)
Mar 20, 2026	Yaron Kinar	Mizuho	Maintains	Hold	$235.00 → $223.00 -12.00 (-5.1%)
Mar 19, 2026	Meyer Shields	Keefe, Bruyette & Woods	Maintains	Hold	$232.00 → $227.00 -5.00 (-2.2%)
Mar 19, 2026	Joshua Shanker	BofA Securities	Maintains	Strong Buy	$308.00 → $305.00 -3.00 (-1.0%)
Mar 19, 2026	Elyse Greenspan	Wells Fargo	Maintains	Hold	$214.00 → $217.00 +3.00 (1.4%)
Mar 11, 2026	Michael Zaremski	BMO Capital	Maintains	Hold	$232.00 → $208.00 -24.00 (-10.3%)
Mar 10, 2026	Joshua Shanker	BofA Securities	Maintains	Strong Buy	$315.00 → $308.00 -7.00 (-2.2%)
Feb 23, 2026	Brian Meredith	UBS	Maintains	Hold	$226.00 → $218.00 -8.00 (-3.5%)
Feb 19, 2026	Meyer Shields	Keefe, Bruyette & Woods	Maintains	Hold	$225.00 → $232.00 +7.00 (3.1%)
Feb 19, 2026	Elyse Greenspan	Wells Fargo	Maintains	Hold	$220.00 → $214.00 -6.00 (-2.7%)
Feb 19, 2026	David Motemaden	Evercore ISI Group	Maintains	Hold	$237.00 → $230.00 -7.00 (-3.0%)
Feb 4, 2026	Matthew Heimermann	Citi	Maintains	Strong Buy	$300.60 → $261.00 -39.60 (-13.2%)
Jan 30, 2026	Meyer Shields	Keefe, Bruyette & Woods	Maintains	Hold	$252.00 → $225.00 -27.00 (-10.7%)
Jan 29, 2026	Michael Zaremski	BMO Capital	Maintains	Hold	$239.00 → $232.00 -7.00 (-2.9%)
Jan 29, 2026	Elyse Greenspan	Wells Fargo	Maintains	Hold	$240.00 → $220.00 -20.00 (-8.3%)
Jan 29, 2026	Bob Huang	Morgan Stanley	Maintains	Sell	$214.00 → $205.00 -9.00 (-4.2%)
Jan 15, 2026	Michael Zaremski	BMO Capital	Maintains	Hold	$253.00 → $239.00 -14.00 (-5.5%)
Jan 13, 2026	Elyse Greenspan	Wells Fargo	Maintains	Hold	$242.00 → $240.00 -2.00 (-0.8%)
Jan 8, 2026	Alex Scott	Barclays	Upgrades	Buy	$257.00 → $265.00 +8.00 (3.1%)
Jan 7, 2026	Jimmy Bhullar	JP Morgan	Maintains	Buy	$303.00 → $275.00 -28.00 (-9.2%)
Jan 7, 2026	David Motemaden	Evercore ISI Group	Maintains	Hold	$250.00 → $237.00 -13.00 (-5.2%)
Jan 6, 2026	Meyer Shields	Keefe, Bruyette & Woods	Maintains	Hold	$250.00 → $252.00 +2.00 (0.8%)

Bob Huang

Morgan Stanley

SellMaintains

$205.00 → $190.00

Mar 31

Joshua Shanker

BofA Securities

Strong BuyMaintains

$305.00 → $295.00

Mar 25

Andrew Andersen

Jefferies

HoldMaintains

$216.00 → $215.00

Mar 24

Brian Meredith

UBS

HoldMaintains

$218.00 → $220.00

Mar 23

Yaron Kinar

Mizuho

HoldMaintains

$235.00 → $223.00

Mar 20

Meyer Shields

Keefe, Bruyette & Woods

HoldMaintains

$232.00 → $227.00

Mar 19

Joshua Shanker

BofA Securities

Strong BuyMaintains

$308.00 → $305.00

Mar 19

Elyse Greenspan

Wells Fargo

HoldMaintains

$214.00 → $217.00

Mar 19

Michael Zaremski

BMO Capital

HoldMaintains

$232.00 → $208.00

Mar 11

Joshua Shanker

BofA Securities

Strong BuyMaintains

$315.00 → $308.00

Mar 10

Brian Meredith

UBS

HoldMaintains

$226.00 → $218.00

Feb 23

Meyer Shields

Keefe, Bruyette & Woods

HoldMaintains

$225.00 → $232.00

Feb 19

Elyse Greenspan

Wells Fargo

HoldMaintains

$220.00 → $214.00

Feb 19

David Motemaden

Evercore ISI Group

HoldMaintains

$237.00 → $230.00

Feb 19

Matthew Heimermann

Citi

Strong BuyMaintains

$300.60 → $261.00

Feb 4

Meyer Shields

Keefe, Bruyette & Woods

HoldMaintains

$252.00 → $225.00

Jan 30

Michael Zaremski

BMO Capital

HoldMaintains

$239.00 → $232.00

Jan 29

Elyse Greenspan

Wells Fargo

HoldMaintains

$240.00 → $220.00

Jan 29

Bob Huang

Morgan Stanley

SellMaintains

$214.00 → $205.00

Jan 29

Michael Zaremski

BMO Capital

HoldMaintains

$253.00 → $239.00

Jan 15

Elyse Greenspan

Wells Fargo

HoldMaintains

$242.00 → $240.00

Jan 13

Alex Scott

Barclays

BuyUpgrades

$257.00 → $265.00

Jan 8

Jimmy Bhullar

JP Morgan

BuyMaintains

$303.00 → $275.00

Jan 7

David Motemaden

Evercore ISI Group

HoldMaintains

$250.00 → $237.00

Jan 7

Meyer Shields

Keefe, Bruyette & Woods

HoldMaintains

$250.00 → $252.00

Jan 6

The Progressive Corporation (PGR) Analyst Forecast

Analyst Consensus Rating

Consensus Rating

Average Price Target

Latest PGR Analyst Ratings & Recommendations

Frequently Asked Questions