Analysts have been eager to weigh in on the Financial sector with new ratings on Progressive (PGR – Research Report), National Bank of Canada (NTIOF – Research Report) and Riot Platforms (RIOT – Research Report).
Progressive (PGR)
Jefferies analyst Yaron Kinar maintained a Buy rating on Progressive yesterday and set a price target of $218.00. The company’s shares closed last Tuesday at $192.18, close to its 52-week high of $193.67.
According to TipRanks.com, Kinar is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Progressive with a $198.00 average price target, a 2.3% upside from current levels. In a report issued on February 14, Wells Fargo also maintained a Buy rating on the stock with a $215.00 price target.
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National Bank of Canada (NTIOF)
Canaccord Genuity analyst Matthew Lee assigned a Hold rating to National Bank of Canada today and set a price target of C$106.00. The company’s shares closed last Tuesday at $76.58.
According to TipRanks.com, Lee is a 4-star analyst with an average return of
Currently, the analyst consensus on National Bank of Canada is a Moderate Buy with an average price target of $78.73, representing a 3.4% upside. In a report issued on February 22, Jefferies also initiated coverage with a Hold rating on the stock with a C$109.00 price target.
Riot Platforms (RIOT)
In a report released today, Michael Grondahl from Northland Securities maintained a Buy rating on Riot Platforms, with a price target of $19.00. The company’s shares closed last Tuesday at $16.80.
According to TipRanks.com, Grondahl is a 5-star analyst with an average return of
Riot Platforms has an analyst consensus of Strong Buy, with a price target consensus of $19.21, which is a 6.1% upside from current levels. In a report issued on February 13, Needham also maintained a Buy rating on the stock with a $18.00 price target.
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