The Progressive Corporation (PGR) is a $142.5 billion insurance company in Ohio, specializing in auto, special lines, and property insurance for homeowners and renters. Despite a 12.1% increase in the past year, PGR lags behind the S&P 500 and KBWP. Q2 earnings saw a 21.3% revenue increase, with net income up 117.7%.

Analysts anticipate PGR’s EPS to grow 24.4% this year to $17.48, with a mixed earnings surprise history. The consensus rating among 21 analysts is a “Moderate Buy.” Citigroup initiated a “Buy” rating with a $312 price target, suggesting a 25.2% potential upside. The mean price target is $293.61, representing a 17.8% premium.

Read more at Yahoo Finance: Is Wall Street Bullish or Bearish on Progressive Stock?