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Barclays Capital disclosed The Allstate Corporation (NYSE:ALL), bumping its target to $107.00 earlier today

Barclays Capital bumped up the target of The Allstate Corporation (NYSE:ALL) to $107.00 reporting a possible upside of 0.14%.

Previously on Friday August 11, 2017, Barclays released a statement about The Allstate Corporation (NYSE:ALL) increased the target price from $101.00 to $107.00. At the time, this indicated a possible upside of 0.14%.

Just yesterday The Allstate Corporation (NYSE:ALL) traded -0.22% lower at $93.95. The Allstate Corporation’s 50-day moving average is $90.07 and its 200-day moving average is $84.22. The last stock price is up 11.55% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time period. 1,111,369 shares of ALL traded hands, down from an average trading volume of 1,719,110

Recent Performance Chart

The Allstate Corporation (NYSE:ALL)

The Allstate Corporation has 52 week low of $66.55 and a 52 week high of $94.70 with a PE ratio of 13.88 and has a market capitalization of $0.

In addition to Barclays Capital reporting its stock price target, a total of 20 brokerages have issued a research note on the company. The average stock price target is $73.20 with 7 brokerages rating the stock a strong buy, 10 brokerages rating the stock a buy, 9 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 1 brokerage rating the stock a sell.

Brief Synopsis On The Allstate Corporation (NYSE:ALL)

The Allstate Corporation (Allstate) is a holding company for Allstate Insurance Company. The Company's business is conducted principally through Allstate Insurance Company, Allstate Life Insurance Company and other subsidiaries. It is engaged in the property-liability insurance business and the life insurance, retirement and investment products business. Its segments include Allstate Protection, Allstate Financial, Discontinued Lines and Coverages, and Corporate and Other. The Allstate Protection segment sells private passenger auto, homeowners, and other property-liability insurance products through agencies and directly through contact centers and the Internet. The Allstate Financial segment sells life insurance and voluntary accident and health insurance products. The Corporate and Other segment consists of holding company activities and certain non-insurance operations. Its Discontinued Lines and Coverages segment includes results from property-liability insurance coverage.

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