The Progressive Corporation (PGR): A Bull Case Theory

We came across a bullish thesis on The Progressive Corporation on Value investing subreddit by OnTheStreetwithLou. In this article, we will summarize the bulls’ thesis on PGR. The Progressive Corporation's share was trading at 228.76asofDecember2nd.PGRstrailingandforwardP/Ewere12.50and14.24respectivelyaccordingtoYahooFinance.JMPSecuritiesLiftsAtlanticus(ATLC)Targetto228.76 as of December 2nd. PGR’s trailing and forward P/E were 12.50 and 14.24 respectively according to Yahoo Finance. JMP Securities Lifts Atlanticus (ATLC) Target to 95 from $78 The Progressive Corporation operates as an insurance company in the United States. PGR presents an ...