MKM Partners Raises Numbers on Allstate (ALL)
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.
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