In a report released today, Elyse Greenspan from Wells Fargo maintained a Hold rating on Allstate (ALL – Research Report), with a price target of $132.00. The company’s shares closed last Thursday at $126.25.
According to TipRanks.com, Greenspan is a 5-star analyst with an average return of 13.1% and a 69.5% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and United Insurance Holdings.
Allstate has an analyst consensus of Moderate Buy, with a price target consensus of $138.50, a 7.9% upside from current levels. In a report issued on October 15, Morgan Stanley also maintained a Hold rating on the stock with a $137.00 price target.
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Allstate’s market cap is currently $37.95B and has a P/E ratio of 10.30. The company has a Price to Book ratio of 1.67.
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The Allstate Corporation is an insurance company which offers property & casualty (P&C), and other insurance products in the United States and Canada. The company is the third-largest P&C insurer and the largest publicly-held personal lines carrier in the United States. It also provides a range of life insurance and investment products.
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