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Progressive Corporation (the) (PGR) [hlAlert]

up 45.08 %

Progressive Corporation (the) (PGR) rated Buy with price target $24 by Ticonderoga

Posted on: Tuesday,  Jun 21, 2011  8:25 AM ET by Ticonderoga

Ticonderoga rated Buy Progressive Corporation (NYSE: PGR) on 06/21/2011, when the stock price was $20.85. Since
then, Progressive Corporation has gained 45.08% as of 12/17/2015's recent price of $30.25.
If you would have followed this Ticonderoga's recommendation on PGR, you would have gained 45.08% of your investment in 1640 days.

The Progressive Corporation is an insurance holding company. As of December 31, 2008, the Company owned 58 subsidiaries and had one mutual insurance company affiliate. Its insurance subsidiaries provide personal and commercial automobile insurance, and other specialty property-casualty insurance and related services throughout the United States. The Company?s Personal Lines segment writes insurance for private passenger automobiles and recreational and other vehicles. The Commercial Auto segment business writes primary liability and physical damage insurance for automobiles and trucks owned by small businesses. The Company?s other indemnity businesses primarily include writing professional liability insurance for community banks, principally directors and officers liability insurance. Its service businesses include providing insurance-related services, primarily for the commercial auto insurance procedures/plans (CAIP).

Ticonderoga is a growing financial services firm, delivering high quality services to a broad spectrum of institutional clients. Ticonderoga operates from its headquarters in New York, along with additional offices in Richmond and San Francisco.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/21/2011 8:25 AM Buy
20.85 24.00
as of 12/30/2011
1 Week up  1.19 %
1 Month up  3.44 %
3 Months up  9.85 %
1 YTD down  -6.42 %

(*) Stock Price at the time of the recommendation.
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