Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Progressive (PGR – Research Report), Unum Group (UNM – Research Report) and Wells Fargo (WFC – Research Report).
Progressive (PGR)
In a report released yesterday, Bob Huang from Morgan Stanley maintained a Buy rating on Progressive, with a price target of $256.00. The company’s shares closed last Monday at $206.59, close to its 52-week high of $212.24.
According to TipRanks.com, Huang is a 2-star analyst with an average return of
Currently, the analyst consensus on Progressive is a Moderate Buy with an average price target of $222.20, implying a 7.0% upside from current levels. In a report released yesterday, CFRA also upgraded the stock to Buy with a $235.00 price target.
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Unum Group (UNM)
In a report released yesterday, Nigel Dally from Morgan Stanley maintained a Hold rating on Unum Group, with a price target of $52.00. The company’s shares closed last Monday at $49.95.
According to TipRanks.com, Dally is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Unum Group with a $57.00 average price target, which is an 11.9% upside from current levels. In a report issued on April 10, Bank of America Securities also maintained a Hold rating on the stock.
Wells Fargo (WFC)
Morgan Stanley analyst Betsy Graseck maintained a Buy rating on Wells Fargo yesterday and set a price target of $64.00. The company’s shares closed last Monday at $56.97, close to its 52-week high of $58.44.
According to TipRanks.com, Graseck is a 4-star analyst with an average return of
Currently, the analyst consensus on Wells Fargo is a Moderate Buy with an average price target of $62.83, a 9.1% upside from current levels. In a report issued on April 12, CFRA also upgraded the stock to Buy with a $70.00 price target.
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