Analyst Price Target is $52.75
▼ -8.53% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Progress Software in the last 3 months. The average price target is $52.75, with a high forecast of $60.00 and a low forecast of $46.00. The average price target represents a -8.53% upside from the last price of $57.67.
Current Consensus is
Buy
The current consensus among 5 polled investment analysts is to buy stock in Progress Software. This Buy consensus rating has held steady for over two years.
Progress Software Corp. is a global software company, which engages in the provision of products that develop and deploy mission-critical business applications. Its products and solutions include OpenEdge, Developer Tools, Sitefinity, Corticon, DataDirect Connect, MOVEit, Chef, WhatsUp Gold, Kemp Loadmaster, and Kemp Flowmon Network Visibility. The company was founded by Joseph Wright Alsop, Clyde Kessel, and Charles Arthur Ziering in 1981 and is headquartered in Burlington, MA.
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