Progressive Corp
PGR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$275.00 | Dgdqfl | Txdsvyghlg |
Progressive Hit Hard by Hurricane Ian in Third Quarter
Progressive's third-quarter results were hit hard by Hurricane Ian. Outside of that, though, the quarter largely showed a continuation of recent trends. We will maintain our $93 fair value estimate and narrow moat rating.