Goldman Sachs Downgrades Progressive Corp. (PGR) to Sell, Sees 12% Downside
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Price: $219.28 -0.48%
Rating Summary:
14 Buy, 21 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
14 Buy, 21 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Goldman Sachs downgraded Progressive Corp. (NYSE: PGR) to Sell with a price target of $18, suggesting 12% downside.
In the sector the firm prefer commercial lines to personal lines. Also, they said they see limited earnings expansion through 2013.
For an analyst ratings summary and ratings history on Progressive Corp. click here. For more ratings news on Progressive Corp. click here.
Shares of Progressive Corp. closed at $20.56 yesterday.
In the sector the firm prefer commercial lines to personal lines. Also, they said they see limited earnings expansion through 2013.
For an analyst ratings summary and ratings history on Progressive Corp. click here. For more ratings news on Progressive Corp. click here.
Shares of Progressive Corp. closed at $20.56 yesterday.
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