Stock Rating Downgrade
In the last week 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 $243.68 on 1/17/25 after a slight decline of -0.8%. However, below average trading volume at 79% of normal accompanied the decline. The stock is unchanged 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 82, with the High Neutral Value Trend Rating the result.
Be the first to comment