Progress Software Corporation (PRGS) is currently trading at $39.34 with a Wall Street consensus price target of $54.33, implying potential upside of 38.1% over the next 12 months. 6 analysts currently cover PRGS, with a consensus rating of Buy - 83% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $83.0, while the most cautious has a target of $40.0.
PRGS operates in the Technology sector with a market capitalisation of $2B. The stock is down 4.2% year-to-date and is currently trading near the upper end of its 52-week range of $23.82 – $47.37.
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