Analyst Scoreboard: 13 Ratings For Allstate
Portfolio Pulse from Benzinga Insights
Analysts have provided diverse opinions on Allstate (NYSE:ALL) with 13 recent ratings ranging from bullish to bearish. The average 12-month price target for ALL has increased by 16.64% to $172.31. Analysts from firms like Goldman Sachs, UBS, and Wells Fargo have adjusted their ratings and price targets, reflecting a positive outlook on Allstate's performance despite challenges in revenue growth, net margin, and debt management. Allstate's market capitalization and ROE stand out positively in the industry.
March 25, 2024 | 6:00 pm
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Allstate has received diverse analyst ratings with an updated average 12-month price target of $172.31, indicating a positive sentiment among analysts. The company's financial performance shows strengths in market capitalization and ROE but faces challenges in revenue growth, net margin, and debt management.
The increase in the average 12-month price target for Allstate reflects a positive sentiment from analysts, which could lead to a short-term positive impact on its stock price. The detailed analysis of Allstate's financial performance, including strengths in market capitalization and ROE, supports the potential for stock appreciation. However, investors should also consider the identified challenges in revenue growth, net margin, and debt management when making investment decisions.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100