Stock Rating Downgrade
During the last several trading days the Value Trend Rating for The Progressive Corp (NYSE: PGR) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
The Progressive Corp (NYSE: PGR) stock closed at $246.44 on 1/31/25 after a modest decline of -1.1%. NORMAL trading volume accompanied the decline. The stock has risen 2.9% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Progressive has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Progressive has a neutral Appreciation Score of 44 but a good Power Rating of 81, leading to the High Neutral Value Trend Rating.
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