- Allstate's CEO Thomas Wilson recently sold 31,502 shares, translating to a divestment worth approximately $6 million.
- Wall Street analysts project a 17.59% potential upside in Allstate’s stock with a one-year average price target of $229.47.
- GuruFocus's GF Value metric suggests a potential 14.42% downside risk for Allstate's current stock price.
Allstate's (ALL, Financial) CEO Thomas Wilson has made a significant move by divesting approximately $6 million in indirect ownership. The transaction involved selling 31,502 shares at prices ranging from $187.35 to $192.99. This sale, as reported in an SEC filing, indicates that Wilson no longer holds shares indirectly through TJW Options LLC 2014 Series.
Wall Street Analysts Forecast
Turning to expert opinions, 15 analysts have set one-year price targets for Allstate Corp (ALL, Financial). The average projection suggests a target price of $229.47, with expectations soaring as high as $279.00 and dipping as low as $172.00. This average target suggests a potential upside of 17.59% from Allstate's current trading price of $195.14. Investors seeking more detailed forecast data can explore the Allstate Corp (ALL) Forecast page.
Analysts’ Recommendations and GF Value
The consensus from 21 brokerage firms places Allstate Corp (ALL, Financial) at an average recommendation score of 2.0, indicating an "Outperform" status. This rating is part of a scale where 1 signifies a Strong Buy and 5 represents a Sell.
While the analysts express optimism, GuruFocus presents a more cautious outlook. The estimated GF Value for Allstate Corp (ALL, Financial) is pegged at $167.00 for the coming year. This suggests a possible downside of 14.42% from the current price of $195.14. The GF Value is a proprietary metric that assesses the fair trading value of a stock. It factors in historical trading multiples, past business growth, and anticipated future performance. For a comprehensive view, investors can review more data on the Allstate Corp (ALL) Summary page.
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