
Allstate (ALL) Stock Forecast & Price Target
Allstate (ALL) Analyst Ratings
Bulls say
Allstate is expected to continue its trend of above-industry profitability, driven by its strong underwriting results and disciplined approach to margin restoration. Their homeowners business also presents as an underappreciated growth asset, with potential for further market share gain given competitors' lack of underwriting margin. The recent authorization for a $4.0 billion share repurchase program and dividend increase further reinforces the positive outlook for shareholders.
Bears say
Allstate is experiencing favorable underwriting results, with a strong auto underwriting combined of 87.6% which is significantly lower than the 93% seen a year ago. However, this is primarily due to lower loss frequency, as pricing has slowed and competition is intensifying, leading to a limited growth profile and an unattractive price target of $220.
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
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