Analysts have been eager to weigh in on the Financial sector with new ratings on Digital Realty (DLR – Research Report), Progressive (PGR – Research Report) and Standard Chartered (SCBFF – Research Report).
Digital Realty (DLR)
In a report released yesterday, Nate Crossett from Berenberg Bank maintained a Buy rating on Digital Realty, with a price target of $166.00. The company’s shares closed last Tuesday at $142.26.
According to TipRanks.com, Crossett is a 2-star analyst with an average return of
Digital Realty has an analyst consensus of Moderate Buy, with a price target consensus of $158.50, an 11.7% upside from current levels. In a report issued on April 29, BMO Capital also maintained a Buy rating on the stock with a $162.00 price target.
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Progressive (PGR)
Wells Fargo analyst Elyse Greenspan maintained a Sell rating on Progressive yesterday and set a price target of $96.00. The company’s shares closed last Tuesday at $112.23.
According to TipRanks.com, Greenspan is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Progressive with a $112.08 average price target, which is a 1.4% upside from current levels. In a report issued on April 18, Piper Sandler also downgraded the stock to Sell with a $100.00 price target.
Standard Chartered (SCBFF)
Berenberg Bank analyst Peter Richardson maintained a Buy rating on Standard Chartered yesterday and set a price target of p750.00. The company’s shares closed last Tuesday at $7.06.
According to TipRanks.com, Richardson is a 3-star analyst with an average return of
Standard Chartered has an analyst consensus of Moderate Buy, with a price target consensus of $8.75, representing a 23.9% upside. In a report issued on April 28, Deutsche Bank also assigned a Buy rating to the stock with a p620.00 price target.
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