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Analysts Have Conflicting Sentiments on These Financial Companies: Moelis (MC), First Interstate Bancsystem (FIBK) and Allstate (ALL)

Tipranks - Sat May 2, 7:56AM CDT

Analysts have been eager to weigh in on the Financial sector with new ratings on Moelis (MC), First Interstate Bancsystem (FIBK) and Allstate (ALL).

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Moelis (MC)

In a report released yesterday, James Mitchell from Seaport Global reiterated a Buy rating on Moelis, with a price target of $86.00. The company’s shares closed last Thursday at $65.12.

Mitchell has an average return of 7.5% when recommending Moelis. ;'>

According to TipRanks.com, Mitchell is ranked #1212 out of 12214 analysts.

Currently, the analyst consensus on Moelis is a Hold with an average price target of $71.00, which is a 9.9% upside from current levels. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $76.00 price target.

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First Interstate Bancsystem (FIBK)

In a report released today, Andrew Terrell from Stephens reiterated a Hold rating on First Interstate Bancsystem, with a price target of $36.00. The company’s shares closed last Thursday at $35.49, close to its 52-week high of $36.77.

According to TipRanks.com, Terrell is a 4-star analyst with an average return of 10.3% and a 60.0% success rate. Terrell covers the Financial sector, focusing on stocks such as Private Bancorp of America, Columbia Banking System, and Bank Of Marin Bancorp. ;'>

First Interstate Bancsystem has an analyst consensus of Hold, with a price target consensus of $36.00, a 4.3% upside from current levels. In a report released yesterday, KBW also downgraded the stock to Hold with a $37.00 price target.

Allstate (ALL)

In a report released today, Andrew Andersen from Jefferies maintained a Buy rating on Allstate, with a price target of $250.00. The company’s shares closed last Thursday at $217.26.

According to TipRanks.com, Andersen is a 1-star analyst with an average return of -3.0% and a 47.5% success rate. Andersen covers the Financial sector, focusing on stocks such as Kinsale Capital Group, Willis Towers Watson, and GooseHead Insurance. ;'>

Currently, the analyst consensus on Allstate is a Moderate Buy with an average price target of $237.29, an 11.2% upside from current levels. In a report issued on April 20, Mizuho Securities also maintained a Buy rating on the stock with a $259.00 price target.

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