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The Allstate Corporation (NYSE:ALL) stock price target increased to $79.00, issued a research note today by Barclays Capital

In a report released on 9/30/2016 Barclays Capital increased the stock price target of The Allstate Corporation (NYSE:ALL) from $74.00 to $79.00 reporting a possible upside of 0.14%.

Previously on Thursday August 04, 2016, Deutsche Bank released a statement about The Allstate Corporation (NYSE:ALL) increased the target price from $77.00 to $78.00. At the time, this indicated a possible upside of 0.14%.

Just yesterday The Allstate Corporation (NYSE:ALL) traded 0.96% higher at $69.33. The Allstate Corporation’s 50-day moving average is $68.65 and its 200-day moving average is $67.79. The last stock price is up 2.23% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,298,518 shares of ALL traded hands, down from an average trading volume of 1,603,860

Recent Performance Chart

The Allstate Corporation (NYSE:ALL)

The Allstate Corporation has 52 week low of $56.03 and a 52 week high of $70.38 with a PE ratio of 17.45 and has a market capitalization of $0.

Also covering The Allstate Corporation's price target, a total of 20 analysts have issued a research note on the company. The average stock price target is $73.20 with seven firms rating the stock a strong buy, 10 analysts rating the company a buy, nine equity analysts rating the company a hold, zero brokers 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 is a holding company for Allstate Insurance Company. The Company and its subsidiaries, including Allstate Insurance Company, Allstate Life Insurance Company and other subsidiaries (collectively, Allstate) are engaged in the property-liability insurance and life insurance business. Allstate operates in four business segments: Allstate Protection, Discontinued Lines and Coverages, Allstate Financial, and Corporate and Other. In Allstate Protection segment, it sells private passenger auto, homeowners and other property-liability insurance products through agencies and directly through contact centers and the Internet. Its Discontinued Lines and Coverages segment involves long-tail losses, such as those related to asbestos and environmental claims. Its Allstate Financial segment sells life insurance and voluntary accident and health insurance products. Its Corporate and Other segment consists of holding company activities and certain non-insurance operations.

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