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Analysts Offer Insights on Financial Companies: Blackrock Inc (BLK) and Progressive (PGR)


Analysts have been eager to weigh in on the Financial sector with new ratings on Blackrock Inc (NYSE:BLK) and Progressive (NYSE:PGR).

Blackrock Inc (BLK)

In a report released today, Ken Worthington from J.P. Morgan maintained a Buy rating on Blackrock Inc, with a price target of $592. The company’s shares closed on Friday at $470.86, close to its 52-week low of $460.16.

According to TipRanks.com, Worthington is a 1-star analyst with an average return of -0.9% and a 50.3% success rate. Worthington covers the Financial sector, focusing on stocks such as Gain Capital Holdings, Federated Investors, and Franklin Resources.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Blackrock Inc with a $597 average price target.

See today’s analyst top recommended stocks >>

Progressive (PGR)

In a report released today, Randy Binner from B.Riley FBR maintained a Hold rating on Progressive, with a price target of $71. The company’s shares closed on Friday at $70.67, close to its 52-week high of $71.77.

According to TipRanks.com, Binner is a 5-star analyst with an average return of 16.0% and a 69.7% success rate. Binner covers the Financial sector, focusing on stocks such as Health Insurance Innovations, Brighthouse Financial Inc, and Prudential Financial Inc.

Progressive has an analyst consensus of Hold, with a price target consensus of $67.63.

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