Fintel reports that on December 26, 2024, Raymond James upgraded their outlook for Progressive (LSE:0KOC) from Market Perform to Outperform.
Analyst Price Forecast Suggests 20.98% Upside
As of December 23, 2024, the average one-year price target for Progressive is 293.28 GBX/share. The forecasts range from a low of 241.49 GBX to a high of 359.11 GBX. The average price target represents an increase of 20.98% from its latest reported closing price of 242.43 GBX / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Progressive is 66,372MM, a decrease of 7.76%. The projected annual non-GAAP EPS is 7.92.
What is the Fund Sentiment?
There are 2,794 funds or institutions reporting positions in Progressive. This is an increase of 181 owner(s) or 6.93% in the last quarter. Average portfolio weight of all funds dedicated to 0KOC is 0.05%, an increase of 91.10%. Total shares owned by institutions decreased in the last three months by 0.61% to 582,217K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 18,556K shares representing 3.17% ownership of the company. In its prior filing, the firm reported owning 18,495K shares , representing an increase of 0.33%. The firm increased its portfolio allocation in 0KOC by 15.13% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 15,339K shares representing 2.62% ownership of the company. In its prior filing, the firm reported owning 15,032K shares , representing an increase of 2.00%. The firm increased its portfolio allocation in 0KOC by 14.73% over the last quarter.
Bank Of America holds 14,479K shares representing 2.47% ownership of the company. In its prior filing, the firm reported owning 16,978K shares , representing a decrease of 17.26%. The firm decreased its portfolio allocation in 0KOC by 75.41% over the last quarter.
Geode Capital Management holds 14,426K shares representing 2.46% ownership of the company. In its prior filing, the firm reported owning 12,744K shares , representing an increase of 11.66%. The firm decreased its portfolio allocation in 0KOC by 33.17% over the last quarter.
Massachusetts Financial Services holds 14,112K shares representing 2.41% ownership of the company. In its prior filing, the firm reported owning 14,447K shares , representing a decrease of 2.37%. The firm decreased its portfolio allocation in 0KOC by 82.10% over the last quarter.
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