Allstate Corporation (ALL) continues to mark significant
growth and appears to be a favourable prospect for investors. The company recently reported a fresh high, leading to speculations if there is still room to run. Several asset management companies including
Royal London,
State Street Corp, and
Benjamin Edwards Inc. have increased their positions while a few others like
Soros Fund Management LLC and
Quadrature Capital Ltd decreased their holdings in the company. Meanwhile,
Model Physicians for The Allstate (ALL) Stock consistently suggest undervaluation and strong momentum with a positive outlook.
Quarterly dividends are payable in 2025 while
Q3 2024 results indicated strong Revenue Growth and Strategic turnarounds. According to Zacks, the company is a strong
value and
momentum stock with
strong consensus ROE as per Goldman Sachs.
Allstate CEO is also slated to present at
Goldman Sachs 2024 U.S. Financial Services Conference. The stock reached an all-time high at $201.08 and performed well despite various challenges including catastrophe losses.
The Allstate Corporation ALL News Analytics from Fri, 17 May 2024 07:00:00 GMT to Sat, 07 Dec 2024 10:48:36 GMT -
Innovation 2
- Information 8
- Rumor -6
