Barclays initiated coverage on Allstate with a new price target
$ALL
Property-Casualty Insurers
Finance
Barclays initiated coverage of Allstate with a rating of Underweight and set a new price target of $175.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/3/2025 | Hold → Buy | Argus | |
| 1/8/2025 | In-line → Outperform | Evercore ISI | |
| 9/5/2024 | $175.00 | Underweight | Barclays |
| 8/12/2024 | $142.00 → $177.00 | Underweight → Equal Weight | Wells Fargo |
| 7/18/2024 | $190.00 → $191.00 | Market Perform → Outperform | BMO Capital Markets |
| 3/28/2024 | $158.00 → $190.00 | Hold → Buy | HSBC Securities |
| 1/10/2024 | $193.00 | Outperform | TD Cowen |
| 1/9/2024 | $130.00 → $180.00 | Hold → Buy | Jefferies |
The Allstate Corporation (NYSE:ALL) today announced estimated catastrophe losses for the month of May of $777 million or $614 million, after-tax. Catastrophe losses for May include 11 events with approximately 70% of the losses related to three geographically widespread wind and hail events. Total catastrophe losses for April and May were $1.37 billion or $1.08 billion, after-tax. Allstate Protection policies in force are as follows: Allstate Protection Policies in Force (1) (in thousands) May 31, 2025 April 30, 2025 May 31, 2024 May 31, 2025 v Apr. 30, 2025 May 31, 2025 v May 31, 2024 Auto
Texas tops the safety charts, the Pacific Northwest makes big gains, and Boston returns as America's riskiest driving city in Allstate's 17th annual report. NORTHBROOK, Ill., June 18, 2025 /PRNewswire/ -- The 2025 Allstate America's Best Drivers Report reveals that Texas leads the nation in safe driving, with four cities in the top 20, including Brownsville, which reclaims its title as the safest driving city in America. Meanwhile, Boston is once again the most collision-prone city in the nation, where drivers are nearly 3.5 times as likely to be in a collision compared to the national average.
New data shows two-thirds of families lack a disaster plan amid rising storm severity As hurricane season begins, Allstate is ramping up its response efforts and encouraging homeowners and renters to take action. New research shows that nearly two-thirds of U.S. families don't have a disaster plan1. Allstate has already processed over $3 billion in weather-related claims this year, underscoring the importance of preparation. "Storms are hitting harder and more often, putting people, homes, and communities at greater risk," said Andrea Bessling, Allstate's Claims Field Director of the National Catastrophe Team. "We're focused on helping homeowners and renters feel confident and prepared.
4 - ALLSTATE CORP (0000899051) (Issuer)
4 - ALLSTATE CORP (0000899051) (Issuer)
4 - ALLSTATE CORP (0000899051) (Issuer)