16 Analysts Assess Allstate: What You Need To Know
Portfolio Pulse from Benzinga Insights
Analysts have mixed views on Allstate (NYSE:ALL) with a recent average price target of $200.5, reflecting a 1.78% increase. The company shows strong revenue growth but faces challenges in profitability and debt management.
October 04, 2024 | 6:05 pm
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Allstate (NYSE:ALL) has received mixed analyst ratings with a recent average price target of $200.5, indicating a slight upward trend. The company shows strong revenue growth but struggles with profitability and debt management.
The mixed analyst ratings reflect a balanced view of Allstate's prospects. The slight increase in the average price target suggests some optimism, but the company's challenges in profitability and debt management temper this outlook. The strong revenue growth is a positive indicator, but the low net margin, ROE, and ROA, along with high debt-to-equity ratio, highlight potential financial challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100