This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Piper Sandler Sticks to Their Buy Rating for Allstate (ALL)

Tipranks - Tipranks - Wed May 27, 6:20AM CDT

In a report released today, Paul Newsome from Piper Sandler maintained a Buy rating on Allstate, with a price target of $268.00.

Memorial Day Sale – Claim 70% Off TipRanks

According to TipRanks, Newsome is a 5-star analyst with an average return of 11.2% and a 66.46% success rate. Newsome covers the Financial sector, focusing on stocks such as Accelerant Holdings Class A, Neptune Insurance Holdings, Inc. Class A, and Prudential Financial.

In addition to Piper Sandler, Allstate also received a Buy from KBW’s Meyer Shields in a report issued on May 21. However, on May 22, Barclays maintained a Sell rating on Allstate (NYSE: ALL).

See today’s best-performing stocks on TipRanks >>

Based on Allstate’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $16.94 billion and a net profit of $2.46 billion. In comparison, last year the company earned a revenue of $16.26 billion and had a net profit of $595 million

Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ALL in relation to earlier this year. Earlier this month, Mario Rizzo, an Insider at ALL sold 18,578.00 shares for a total of $4,064,866.40.

Read More on ALL:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).