Keefe Bruyette raised the firm’s price target on Allstate (ALL) to $235 from $228 and keeps an Outperform rating on the shares. Allstate’s core loss ratio and declining rate increases should translate into personal auto policies in force growth, the analyst tells investors in a research note.
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Read More on ALL:
- Allstate price target lowered to $197 from $200 at Wells Fargo
- Allstate price target raised to $250 from $240 at Raymond James
- Allstate Reports Strong Revenue Growth Amid Challenges
- Allstate Corp’s Earnings Call: Growth Amid Challenges
- Allstate’s Strong Financial Performance and Growth Potential Drive Buy Rating
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