Progressive (PGR) Stocklytics Forecast

Progressive Corp-The (PGR) is a leading insurance company that provides automobile, motorcycle, and homeowners insurance. With a strong track record of growth and profitability, the company has become a favorite among investors. Many analysts believe that PGR stock has the potential for further upside in the coming years. According to AI and machine learning predictions, Progressive Corp-The stock is expected to see steady growth in the next few years, with a potential price target of $150 by 2023. This forecast is based on a combination of historical data, market trends, and predictive algorithms.

Analysts' price targets for Progressive Corp-The (PGR) also point towards a positive outlook. The consensus price target for the stock in 2023 is $140, indicating a potential upside of around 20% from the current price level. This reflects analysts' confidence in the company's ability to continue its strong performance and generate value for shareholders. The stock has received favorable analyst ratings, with the majority recommending it as a 'buy'. As of now, Progressive Corp-The holds a strong position in the insurance industry and is well-positioned to capitalize on future opportunities.