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.

Receive IBN Highlights – Small, Mid and Large-Cap “Bite Size” Technical Indicator Alerts

Advertising

To stay connected with our free NBI Spotlight, please visit https://IBN.fm/connected

About IBN (InvestorBrandNetwork)

IBN consists of Over 50 trusted financial brands presented to the investment public during 15+ years old. Through these marks, IBN provides (1) access to our press release wire solutions for investors via InvestorWire (IW) reach all target markets, industries and demographics in the most effective way possible; (2) item and Editorial Code Syndication at more than 5,000 distribution points; (3) enhanced press release solutions via IW to ensure maximum impact; (4) large-scale distribution to a huge following on social media which includes millions of followers; and (5) a full range of business communication solutions focused on the IBN Podcast Series. With a proven track record serving 500+ partner customers, IBN is the key to a more effective market communication campaign and the NEW normal.

For more information on IBN, please visit https://www.InvestorBrandNetwork.com

Please review the full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever posted or republished: http://IBN.fm/Warning

Comments are closed.