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Analysts Offer Insights on Financial Companies: Allstate (ALL) and Moelis (MC)

Tipranks - Fri May 1, 9:48AM CDT

Analysts fell to the sidelines weighing in on Allstate (ALL) and Moelis (MC) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Allstate (ALL)

In a report released today, David Motemaden from Evercore ISI maintained a Hold rating on Allstate, with a price target of $225.00. The company’s shares closed last Thursday at $216.14.

According to TipRanks.com, Motemaden is a 4-star analyst with an average return of 4.9% and a 56.7% success rate. Motemaden covers the Financial sector, focusing on stocks such as Neptune Insurance Holdings, Inc. Class A, Fidelis Insurance Holdings Ltd., and American International Group. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Allstate with a $242.08 average price target.

See the top stocks recommended by analysts >>

Moelis (MC)

BMO Capital analyst Brennan Hawken maintained a Hold rating on Moelis yesterday and set a price target of $65.00. The company’s shares closed last Thursday at $64.83.

According to TipRanks.com, Hawken is a 5-star analyst with an average return of 12.0% and a 59.8% success rate. Hawken covers the Financial sector, focusing on stocks such as Bank of New York Mellon, Raymond James Financial, and Ameriprise Financial. ;'>

Currently, the analyst consensus on Moelis is a Hold with an average price target of $71.00, implying a 9.9% upside from current levels. In a report issued on April 17, TipRanks – xAI also reiterated a Hold rating on the stock with a $72.00 price target.

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