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Mizuho Securities Keeps Their Buy Rating on Allstate (ALL)

Tipranks - Tipranks - Thu Apr 16, 7:35AM CDT

In a report released today, Yaron Kinar from Mizuho Securities maintained a Buy rating on Allstate, with a price target of $260.00.

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According to TipRanks, Kinar is a 5-star analyst with an average return of 11.0% and a 65.48% success rate. Kinar covers the Financial sector, focusing on stocks such as Allstate, Chubb, and Aon.

In addition to Mizuho Securities, Allstate also received a Buy from Bank of America Securities’s Joshua Shanker in a report issued yesterday. However, on April 8, Barclays maintained a Sell rating on Allstate (NYSE: ALL).

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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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