Tag: The Progressive

  • Watch List: American International Group (NYSE:AIG), MGIC Investment (NYSE:MTG), The Progressive Corporation (NYSE:PGR), Hartford Financial Services Group (NYSE:HIG)

    American International Group Inc. (NYSE:AIG) delivered strong fourth quarter earnings that beat consensus estimates setting the company to an even fruitful F2014. Earnings per share for the fourth quarter came in at $1.15 beating earlier Zacks Consensus estimates of 96 cents, earnings per share for the fourth quarter also toppled last year’s fourth quarter earnings of 22 cents. American International Group Inc (NYSE:AIG) stock opened at $48.99 in last session, and closed at $48.72, while the day range of AIG stock is $48.28-$49.01.The stock showed a negative weekly performance of -1.08%.

    JMP Securities upgraded shares of MGIC Investment Corp. (NYSE:MTG) from a market perform rating to an outperform rating in a research report released on Monday morning, TheFlyOn TheWall.com reports. JMP Securities currently has $10.50 price objective on the stock. MGIC Investment Corp. (NYSE:MTG) stock opened at $9.00, in last session and closed at $9.08, by gained 1.11%.The 52 week range was $2.36-$9.46.Company’s market capitalization is $3.07 billion.

    Investment analysts at Deutsche Bank reduced their price target on shares of Progressive Corp. (NYSE:PGR) from $22.00 to $21.00 in a note issued to investors on Tuesday, Stock Ratings Network.com reports. Deutsche Bank’s target price points to a potential downside of 12.43% from the stock’s previous close. The Progressive Corporation (NYSE:PGR) stock gained 0.84% and finished the last session at $23.90.The EPS of the stock remained 1.93.Company’s market capitalization is $14.24 billion.

    Equities research analysts at UBS AG reduced their earnings per share (EPS) estimates on shares of Hartford Financial Services Group (NYSE:HIG) in a research note issued to investors on Wednesday, Analyst Ratings Net reports. The firm currently has a “sell” rating and a $4.00 price target on the company’s shares. They previously had a “buy” rating and a $38.00 price target on the stock. Hartford Financial Services Group Inc (NYSE:HIG) stock opened the session at $34.42, and closed the session at $34.39.The 52 week range of the HIG stock remained $22.64-$36.76 and the day range was $34.02-$34.56.