Allstate Corporation (The) which can be found using ticker (ALL) have now 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 176 and 104 calculating the average target price we see $143.86. Now with the previous closing price of $112.10 and the analysts are correct then we can expect a percentage increase in value of 28.3%. Also worth taking note is the 50 day moving average now sits at $129.55 while the 200 day moving average is $127.98. The market capitalization for the company is $29,519m. You can visit the company’s website by visiting: https://www.allstate.com
The potential market cap would be $37,883m based on the market consensus.
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; other personal lines products; and commercial lines products under the Allstate and Encompass brand names. The Protection Services segment provides consumer product protection plans and related technical support for mobile phones, consumer electronics, furniture, and appliances; finance and insurance productsluding vehicle service contracts, guaranteed asset protection waivers, road hazard tire and wheel, and paint and fabric protection; roadside assistance; device and mobile data collection services; data and analytic solutions using automotive telematics information; and identity protection services. This segment offers its products under various brandsluding Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, and Allstate Identity Protection. The Allstate Health and Benefits segment provides life, accident, critical illness, short-term disability, and other health insurance products. The Run-off Property-Liability segment offers property and casualty insurance. It sells its products through call centers, agencies, financial specialists, independent agents, brokers, wholesale partners, and affinity groups, as well as through online and mobile applications. The company was founded in 1931 and is headquartered in Northbrook, Illinois.
The company has a dividend yield of 3.22% with the ex dividend date set at 27-2-2023 (DMY).
