Progress Software Corporation (PRGS) Social Stream
PROGRESS SOFTWARE CORP (PRGS) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering PROGRESS SOFTWARE CORP.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-22 | 5 | $63 | $48 | $57 | $54.01 | 5.54% |
| 2022-01-19 | 6 | $63 | $48 | $57 | $54.01 | 5.54% |
| 2022-03-30 | 4 | $60 | $52 | $57.25 | $54.01 | 6% |
| 2022-06-29 | 4 | $60 | $52 | $55.5 | $54.01 | 2.76% |
| 2022-08-12 | 4 | $60 | $52 | $56.4 | $54.01 | 4.43% |
| 2022-09-09 | 5 | $60 | $52 | $55.666 | $54.01 | 3.07% |
| 2022-09-28 | 5 | $60 | $52 | $55 | $54.01 | 1.83% |
| 2022-09-29 | 5 | $60 | $45 | $52.833 | $54.01 | -2.18% |
The Trend in the Analyst Price Target
Over the past 13 months, PRGS's average price target has gone down $2.34.
PRGS reports an average of 22.89% for its upside potential over the past 42 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-01-19 | 6 | 63 | 48 | 57.000 | 43.06 | 32.37% |
| 2022-03-30 | 4 | 60 | 52 | 56.666 | 46.21 | 22.63% |
| 2022-03-30 | 6 | 60 | 52 | 57.250 | 46.21 | 23.89% |
| 2022-03-30 | 6 | 60 | 48 | 56.000 | 46.21 | 21.19% |
| 2022-03-30 | 4 | 60 | 52 | 57.250 | 46.21 | 23.89% |
PRGS Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.4 | 4 | 0 | 1 | 0 | 0 | 5 |
The Trend in the Broker Recommendations
Over the past 48 weeks, PRGS's average broker recommendation rating improved by 0.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- PROGRESS SOFTWARE CORP's upside potential (average analyst target price relative to current price) is greater than 78.66% of Business Services stocks.
- In terms of how PROGRESS SOFTWARE CORP fares relative to Technology stocks, note that its variance in analysts' estimates is lower than -5.02% of that group.
- PRGS has a greater number of analysts covering the stock than 177.93% of Business Services stocks.
- PROGRESS SOFTWARE CORP's average analyst price target is higher than 720.12% of stocks in the mid market cap category.
Stocks similar to PROGRESS SOFTWARE CORP in the Business Services industry regarding analyst recommendations and price targets are NCNO, JAMF, and MKTW.
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