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Allstate (ALL) Stock Forecast & Price Target

$174.38
-2.31 (-1.31%)
(As of 04:31 PM ET)

Allstate - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 16 Wall Street analysts who have issued ratings for Allstate in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 1 has given a sell rating, 2 have given a hold rating, 12 have given a buy rating, and 1 has given a strong buy rating for ALL.

Consensus Price Target

$178.06
2.11% Upside
High Forecast$200.00
Average Forecast$178.06
Low Forecast$107.00

According to the 16 analysts' twelve-month price targets for Allstate, the average price target is $178.06. The highest price target for ALL is $200.00, while the lowest price target for ALL is $107.00. The average price target represents a forecasted upside of 2.11% from the current price of $174.38.

TypeCurrent Forecast
7/20/23 to 7/19/24
1 Month Ago
6/20/23 to 6/19/24
3 Months Ago
4/21/23 to 4/20/24
1 Year Ago
7/20/22 to 7/20/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
12 Buy rating(s)
11 Buy rating(s)
12 Buy rating(s)
7 Buy rating(s)
Hold
2 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$178.06$174.59$173.71$138.31
Forecasted Upside2.11% Upside11.44% Upside11.80% Upside17.07% Upside
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ALL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ALL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Allstate Stock vs. The Competition

TypeAllstateFinance CompaniesS&P 500
Consensus Rating Score
2.81
2.45
2.51
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside1.99% Upside37.41% Upside10.07% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/19/2024The Goldman Sachs Group
2 of 5 stars
 Boost TargetBuy ➝ Buy$197.00 ➝ $199.00+13.69%
7/18/2024BMO Capital Markets
3 of 5 stars
M. Zaremski
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UpgradeMarket Perform ➝ Outperform$190.00 ➝ $191.00+11.88%
7/11/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$193.00 ➝ $200.00+24.22%
7/10/2024Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$205.00 ➝ $200.00+25.83%
7/5/2024Keefe, Bruyette & Woods
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 Reiterated RatingOutperform ➝ Outperform$194.00 ➝ $194.00+21.68%
5/10/2024Wells Fargo & Company
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 Boost TargetUnderweight ➝ Underweight$146.00 ➝ $153.00-10.98%
4/11/2024Evercore ISI
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 Boost TargetIn-Line ➝ In-Line$166.00 ➝ $173.00+3.93%
4/8/2024Roth Mkm
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 Boost TargetBuy ➝ Buy$175.00 ➝ $200.00+15.82%
4/1/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$172.00 ➝ $188.00+9.16%
3/28/2024HSBC
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 UpgradeHold ➝ Buy$158.00 ➝ $190.00+11.91%
2/12/2024UBS Group
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 Boost TargetBuy ➝ Buy$171.00 ➝ $185.00+15.99%
1/22/2024Raymond James
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 Boost TargetStrong-Buy ➝ Strong-Buy$155.00 ➝ $180.00+16.22%
1/10/2024TD Cowen
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 Initiated CoverageOutperform$193.00+27.83%
1/9/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy$130.00 ➝ $180.00+20.50%
10/20/2023Citigroup
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 Boost TargetBuy ➝ Buy$135.00 ➝ $156.00+24.96%
8/14/2023Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$113.00 ➝ $107.00-1.87%
8/2/2023Bank of America
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 Lower Target$143.00 ➝ $138.00+22.10%
4/3/2023William Blair
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A. Klauber
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UpgradeMarket Perform ➝ Outperform
2/2/2023Roth Capital
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H. Fong
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Reiterated RatingBuy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 05:35 PM ET.

ALL Forecast - Frequently Asked Questions

What is Allstate's forecast for 2024?

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Allstate is $178.06, with a high forecast of $200.00 and a low forecast of $107.00.

Should I buy or sell Allstate stock right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Allstate in the last year. There is currently 1 sell rating, 2 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ALL shares.

Does Allstate's stock price have much upside?

According to analysts, Allstate's stock has a predicted upside of 13.73% based on their 12-month stock forecasts.

Has Allstate been upgraded by Wall Street analysts recently?

Over the previous 90 days, Allstate's stock had 1 upgrade by analysts.

What analysts cover Allstate?

Allstate has been rated by research analysts at BMO Capital Markets, JPMorgan Chase & Co., Keefe, Bruyette & Woods, Morgan Stanley, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like Allstate more than its competitors?

Analysts like Allstate more than other "finance" companies. The consensus rating for Allstate is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how ALL compares to other companies.


This page (NYSE:ALL) was last updated on 7/19/2024 by MarketBeat.com Staff

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