
Allstate (ALL) Stock Forecast & Price Target
Allstate (ALL) Analyst Ratings
Bulls say
Allstate is positioned to experience transformative growth through its operational levers, analytical capabilities, and organizational accountability, which allow for granular planning at the state and product level for a potential 6-12 month horizon. With a solid underlying loss ratio and strong earnings driven by underwriting, as well as a new $4.0bn share repurchase program and dividend increase, Allstate has the potential for near-term growth. However, with increasing competition in the personal lines market and limited evidence of a sustainable growth inflection, growth remains a concern for the company in the long term.
Bears say
Allstate is a property-casualty insurer with a negative outlook due to lower than expected top line growth, potential risks such as competitive pressures, asbestos exposure, and financial market sensitivity, as well as the possibility of not sustaining current margins while re-accelerating growth. The company has recently implemented rate changes in an effort to re-enter the growth phase, and while it is attractively valued, there are inherent risks in the industry that could hinder the achievement of its target price. Additionally, a major pullback in the capital markets could negatively impact Allstate's investment portfolio.
This aggregate rating is based on analysts' research of Allstate and is not a guaranteed prediction by Public.com or investment advice.
Allstate (ALL) Analyst Forecast & Price Prediction
Start investing in Allstate (ALL)
Order type
Buy in
Order amount
Est. shares
0 shares