7.8% Above Target

Wall Street's consensus price target for PRG is $42.5, -7.8% from its current price of $46.11. The below-market target from 8 analysts suggests limited near-term appreciation.

PRG has a consensus rating of "Buy" based on 8 Wall Street analysts. The rating breakdown is predominantly bullish, with 6 Buy/Strong Buy ratings. The consensus 12-month price target of $42.5 implies -7.8% downside from current levels.

With a forward P/E of 9.9161x, PRG trades at a relatively low valuation. The consensus target of $42.5 implies -7.8% move, suggesting the market may be pricing in risks.

The most bullish Wall Street analyst has a price target of $47.5 for PRG, while the most conservative target is $35. The consensus of $42.5 represents the median expectation. Our quantitative valuation model projects a bull case target of $68 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

PRG is moderately covered, with 8 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 6 have Buy ratings, 2 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month PRG stock forecast based on 8 Wall Street analysts shows a consensus price target of $42.5, with estimates ranging from $35 (bear case) to $47.5 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $52, with bear/bull scenarios of $33/$68.

Our quantitative valuation model calculates PRG's fair value at $52 (base case), with a bear case of $33 and bull case of $68. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 52/100.

PRG trades at a forward P/E ratio of 9.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 12.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on PRG, with 0 Sell ratings and a price target of $42.5 (-7.8% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

PRG analyst price targets range from $35 to $47.5, a 29% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $42.5 consensus represents the middle ground. Our model's $33-$68 range provides an independent fundamental perspective.