Allstate Stock: A Deep Dive Into Analyst Perspectives (16 Ratings)
Portfolio Pulse from Benzinga Insights
Allstate (NYSE:ALL) has received 16 analyst ratings in the past three months, with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $200.06, indicating a positive outlook. Despite revenue growth, Allstate faces challenges with profitability and debt management.
September 03, 2024 | 1:00 pm
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Allstate has received a mix of bullish and somewhat bullish ratings from analysts, with an average price target increase to $200.06. The company shows strong revenue growth but faces challenges in profitability and debt management.
The increase in the average price target and the majority of bullish ratings suggest a positive short-term outlook for Allstate's stock. However, the company's challenges in profitability and debt management may temper this optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100