Impact of Brokerage Rating on Allstate Corporation (The)(ALL)

Many Allstate Corporation (The)(ALL) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Allstate Corp was Upgraded by Goldman to Buy on Jan 10, 2017. Allstate Corp was Downgraded by Credit Suisse to Neutral on Jan 6, 2017.

Company has reported several Insider transactions to the SEC, on Feb 7, 2017, Mary Alice Taylor (director) sold 10,000 shares at 77.72 per share price.On Dec 5, 2016, Susan L Lees (EVP, General Counsel & Sec.) sold 5,111 shares at 70.14 per share price.On Nov 22, 2016, Samuel H Pilch (Sr. Group VP and Controller) sold 21,178 shares at 72.24 per share price.

Allstate Corp Last issued its quarterly earnings results on Feb 1, 2017. The company reported $2.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.57. Analyst had a consensus of $1.60. The company had revenue of $7901.00 million for the quarter, compared to analysts expectations of $7851.40 million. The companys revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.60 EPS.

Allstate Corporation (The) (NYSE:ALL) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2 by 10 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

Allstate Corporation (The) (NYSE:ALL): 7 Analyst have given the stock of Allstate Corporation (The) (NYSE:ALL) a near short term price target of $81. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $6.32. The higher price target estimate is at $90 while the lower price estimates are fixed at $70.

Allstate Corporation (The) (NYSE:ALL) rose 0.24% or 0.19 points on Tuesday and made its way into the gainers of the day. After trading began at $79.72 the stock was seen hitting $79.82 as a peak level and $79.1 as the lowest level. The stock ended up at $79.8. The daily volume was measured at 1,798,022 shares. The 52-week high of the share price is $79.82 and the 52-week low is $62.78. The company has a market cap of $29,207 million.

Allstate Corporations business is conducted principally through Allstate Insurance Company, Allstate Life Insurance Company and their subsidiaries. Allstate is engaged, principally in the United States and Canada, in the personal property and casualty insurance business and the life insurance and savings business. Allstate has four business segments: personal property and casualty; life and savings; discontinued lines and coverages; and corporate and other business.


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