over the past 3 months 8 analysts have published their opinion on progressive pgr stock these analysts are typically employed by large wall street banks and tasked with understanding a companys business to predict how a stock will trade over the upcoming year these 8 analysts have an average price target of 1075 versus the current price of progressive at 111515 implying downside below is a summary of how these 8 analysts rated progressive over the past 3 months the greater the number of bullish ratings the more positive analysts are on the stock and the greater the number of bearish ratings the more negative analysts are on the stock this average price target has increased by 437 over the past month benzinga tracks 150 analyst firms and reports on their stock expectations analysts typically arrive at their conclusions by predicting how much money a company will make in the future usually the upcoming five years and how risky or predictable that companys revenue streams are analysts attend company conference calls and meetings research company financial statements and communicate with insiders to publish their ratings on stocks analysts typically rate each stock once per quarter or whenever the company has a major update some analysts publish their predictions for metrics such as growth estimates earnings and revenue to provide additional guidance with their ratings when using analyst ratings it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors if you want to keep track of which analysts are outperforming others you can view updated analyst ratings along withanalyst success scores in benzinga pro this article was generated by benzingas automated content engine and reviewed by an editor