Progressive Corporation (The): The winning streak continues (PGR)

Shares of progressive society (The) (NYSE:PGR) traded today at $111.13, eclipsing its 52-week high. This new high was reached with below-average trading volume, with 1.6 million shares traded, while the 30-day average volume is around 3 million shares.

progressive society (The) (NYSE:PGR) has an upside potential of 38.0% based on a current price of $109.81 and analyst consensus price target of $151.50.

During the past year, progressive society (Le) negotiated a range of $84.89 at $111.13 and is now at $109.81, 29% above this minimum.

Progressive underwrites private and commercial auto insurance and specialty lines; it has more than 20 million personal auto policies in force and is the fourth largest auto insurer in United States. Progressive markets its policies through independent insurance agencies we and Canada and directly by Internet and telephone. Its premiums are split roughly equally between the agent and the direct channel. The company also offers commercial auto policies and entered into home insurance through an acquisition in 2015.

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