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Barclays Remains a Sell on Allstate (ALL)
In a report released today, Alex Scott from Barclays maintained a Sell rating on Allstate, with a price target of $208.00.
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Scott covers the Financial sector, focusing on stocks such as Prudential Financial, Allstate, and Arthur J Gallagher & Co. According to TipRanks, Scott has an average return of 4.5% and a 47.04% success rate on recommended stocks.
Allstate has an analyst consensus of Moderate Buy, with a price target consensus of $239.00.
Based on Allstate’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $16.59 billion and a net profit of $3.83 billion. In comparison, last year the company earned a revenue of $16.34 billion and had a net profit of $1.93 billion
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