Companies in the Financial sector have received a lot of coverage today as analysts weigh in on KKR & Co (KKR – Research Report) and Progressive (PGR – Research Report).
KKR & Co (KKR)
Morgan Stanley analyst Michael Cyprys maintained a Hold rating on KKR & Co today and set a price target of $96.00. The company’s shares closed last Wednesday at $99.01, close to its 52-week high of $103.48.
According to TipRanks.com, Cyprys is a 4-star analyst with an average return of
Currently, the analyst consensus on KKR & Co is a Strong Buy with an average price target of $111.10, implying a 14.4% upside from current levels. In a report issued on April 8, Wells Fargo also assigned a Hold rating to the stock.
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Progressive (PGR)
In a report released today, Bob Huang from Morgan Stanley maintained a Buy rating on Progressive, with a price target of $247.00. The company’s shares closed last Wednesday at $206.15, close to its 52-week high of $212.24.
According to TipRanks.com, Huang is a 2-star analyst with an average return of
Progressive has an analyst consensus of Moderate Buy, with a price target consensus of $212.73, which is a 4.3% upside from current levels. In a report issued on March 28, Bank of America Securities also maintained a Buy rating on the stock.
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