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The Allstate (NYSE: ALL) received a number of price target changes and ratings updates during the last week:

  • The Allstate had its “hold” rating reaffirmed by analysts at Citigroup Inc.. They now have a $58.00 price target on the stock, up previously from $57.00.
  • The Allstate had its price target raised by analysts at Nomura from $55.00 to $56.00.
  • The Allstate had its price target raised by analysts at MKM Partners from $65.00 to $70.00. They now have a “buy” rating on the stock.
  • The Allstate had its “neutral” rating reaffirmed by analysts at Zacks. They now have a $59.00 price target on the stock.
  • The Allstate had its “strong-buy” rating reaffirmed by analysts at Raymond James. They now have a $67.00 price target on the stock, up previously from $63.00.
  • The Allstate had its price target raised by analysts at Argus to $65.00.

Shares of The Allstate Co. (NYSE:ALL) opened at 58.13 on Monday. The Allstate Co. has a 1-year low of $45.60 and a 1-year high of $58.32. The stock has a 50-day moving average of $56.34 and a 200-day moving average of $54.21. The company has a market cap of $25.228 billion and a P/E ratio of 12.53. The Allstate also was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 12,313,034 shares, a decline of 19.7% from the March 31st total of 15,328,952 shares. Based on an average daily trading volume, of 2,699,206 shares, the days-to-cover ratio is presently 4.6 days. Approximately 2.9% of the company’s shares are short sold.

The Allstate Corporation (NYSE:ALL) is a holding company for Allstate Insurance Company.

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