How Many The Allstate Corporation (NYSE:ALL)’s Analysts Are Bearish?

April 24, 2018 - By Ellis Scott

The Allstate Corporation (NYSE:ALL) LogoInvestors sentiment increased to 0.96 in Q4 2017. Its up 0.05, from 0.91 in 2017Q3. It is positive, as 43 investors sold The Allstate Corporation shares while 308 reduced holdings. 101 funds opened positions while 236 raised stakes. 266.22 million shares or 1.14% more from 263.23 million shares in 2017Q3 were reported.
573,734 are owned by State Board Of Administration Of Florida Retirement Sys. Segment Wealth Mngmt has invested 0.86% in The Allstate Corporation (NYSE:ALL). Fort Washington Advisors Inc Oh holds 7,441 shares or 0.01% of its portfolio. The Virginia-based Lowe Brockenbrough & has invested 0.26% in The Allstate Corporation (NYSE:ALL). Beck Cap Mgmt holds 0.58% or 12,580 shares in its portfolio. Northcoast Asset Mgmt Limited Liability Co owns 271,894 shares for 2.56% of their portfolio. Linscomb And Williams holds 0.03% or 2,935 shares. Pennsylvania Company owns 0.04% invested in The Allstate Corporation (NYSE:ALL) for 8,376 shares. Brandywine Investment Limited Liability Corporation owns 411,082 shares. Srb Corporation has invested 0.03% of its portfolio in The Allstate Corporation (NYSE:ALL). Caisse De Depot Et Placement Du Quebec stated it has 629,460 shares or 0.15% of all its holdings. Pittenger Anderson Incorporated owns 30,200 shares for 0.28% of their portfolio. Profund Advisors Ltd Limited Liability Company has 0.05% invested in The Allstate Corporation (NYSE:ALL). Moreover, Duff & Phelps Invest Mngmt has 0.01% invested in The Allstate Corporation (NYSE:ALL). Btc Capital Mgmt Incorporated owns 45,915 shares or 0.83% of their US portfolio.

The Allstate Corporation (NYSE:ALL) Ratings Coverage

Among 11 analysts covering Allstate (NYSE:ALL), 3 have Buy rating, 0 Sell and 8 Hold. Therefore 27% are positive. Allstate had 15 analyst reports since November 2, 2017 according to SRatingsIntel. The firm has “Neutral” rating given on Monday, November 6 by UBS. The rating was upgraded by Keefe Bruyette & Woods to “Hold” on Sunday, April 1. The firm has “Neutral” rating by Credit Suisse given on Thursday, November 2. Citigroup maintained The Allstate Corporation (NYSE:ALL) rating on Friday, February 16. Citigroup has “Buy” rating and $111 target. On Thursday, February 8 the stock rating was maintained by Bank of America with “Buy”. The stock of The Allstate Corporation (NYSE:ALL) has “Hold” rating given on Friday, February 9 by Deutsche Bank. As per Tuesday, January 2, the company rating was downgraded by Keefe Bruyette & Woods. FBR Capital maintained the shares of ALL in report on Monday, April 16 with “Hold” rating. The stock has “Buy” rating by Citigroup on Tuesday, March 27. The stock has “Market Perform” rating by Wells Fargo on Tuesday, January 9. Below is a list of The Allstate Corporation (NYSE:ALL) latest ratings and price target changes.

16/04/2018 Broker: FBR Capital Rating: Hold New Target: $84.0000 Maintain
10/04/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $112 New Target: $110 Maintain
01/04/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $93.0000 Upgrade
27/03/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $111 New Target: $112 Maintain
21/02/2018 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $113 New Target: $105 Maintain
16/02/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $118 New Target: $111 Maintain
14/02/2018 Broker: Keefe Bruyette & Woods Rating: Sell New Target: $90.0 Maintain
09/02/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $102 New Target: $100 Maintain
08/02/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $116 New Target: $111 Maintain
09/01/2018 Broker: Wells Fargo Old Rating: Outperform New Rating: Market Perform Downgrade

The stock increased 0.31% or $0.3 during the last trading session, reaching $98.61. About 1.53 million shares traded. The Allstate Corporation (NYSE:ALL) has risen 15.17% since April 24, 2017 and is uptrending. It has outperformed by 3.62% the S&P500.

The Allstate Corporation, together with its subsidiaries, engages in property-liability insurance and life insurance business in the United States and Canada. The company has market cap of $34.82 billion. The companyÂ’s Allstate Protection segment sells private passenger auto, homeowners, and other property-liability insurance products under the Allstate, Esurance, and Encompass brand names. It has a 11.8 P/E ratio. It also offers specialty auto products including motorcycle, trailer, motor home, and off-road vehicle insurance policies; other personal lines products including renter, condominium, landlord, boat, umbrella, and manufactured home insurance policies; commercial lines products for small business owners; roadside assistance products; service contracts; and other products sold in conjunction with auto lending and vehicle sales transactions.

The Allstate Corporation (NYSE:ALL) Institutional Positions Chart

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