MKM  Partners Raises Numbers on Allstate (ALL)

MKM Partners Raises Numbers on Allstate (ALL)

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On Wednesday analysts at MKM Partners increased the price target and earnings estimates on The Allstate Corporation (ALL) due to positive homeowner information.

The firm maintained a “Buy” rating on ALL and now sees shares reaching $55. This target suggests a +25.5% increase to Tuesday’s closing price of $43.82.

Allstate shares were down slightly during morning trading on Wednesday. The stock is up +50.76% over the past year.

The Bottom Line
Shares of Allstate (ALL) have a dividend yield of 2.01% based on last night’s closing price of $43.82.

The Allstate Corporation (ALL) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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