The Allstate Corporation (ALL) Forms Head & Shoulders Pattern at $92.29

May 3, 2018 - By Anthony Rauscher

The Allstate Corporation (NYSE:ALL) Corporate Logo

Big Money Sentiment increased to 0.96 in 2017 Q4. It has change of 0.05, from 2017Q3’s 0.91. The ratio is positive due to The Allstate Corporation positioning: 43 sold and 308 reduced. 101 funds bought holdings and 236 increased holdings. Investors holded 263.23 million in 2017Q3 but now own 266.22 million shares or 1.14% more.
Schafer Cullen has invested 0.09% of its capital in The Allstate Corporation (NYSE:ALL). Uss Investment Mngmt has invested 0.09% in The Allstate Corporation (NYSE:ALL). Mirae Asset Com Ltd invested in 2,140 shs or 0% of the stock. Bridges Inv Counsel Inc reported 0.13% of its capital in The Allstate Corporation (NYSE:ALL). Folger Nolan Fleming Douglas Cap Mgmt accumulated 8,182 shs. Bremer Tru National Association holds 2,996 shs. Norris Perne And French Llp Mi holds 0.06% or 4,056 shs in its capital. Duff And Phelps Investment Mgmt has invested 0.01% in The Allstate Corporation (NYSE:ALL). 226,957 were accumulated by Vaughan David Il. Pittenger And Anderson Inc has 30,200 shs. Rafferty Asset Management Ltd Llc holds 0.14% of its capital in The Allstate Corporation (NYSE:ALL) for 79,630 shs. Lpl Limited Liability Company holds 0.02% in The Allstate Corporation (NYSE:ALL) or 50,153 shs. Lsv Asset invested in 5.07 million shs. Pzena Invest Management Ltd Company holds 1.28 million shs. Manufacturers Life Insurance Co The, a Ontario – Canada-based fund reported 399,359 shs.

The Allstate Corporation (ALL) made a Head and Shoulders technical pattern today and has $89.52 target or 3.00 % below today’s $92.29 price per share. $32.59 billion company has high risk because of the 7 months technical pattern. Faxor.com reported it on May, 3. The valuation of ALL can change by $977.73 million if our $89.52 PT is reached.

ALL is hitting $92.29 during the last trading session, after decreased 1.88%.The Allstate Corporation has volume of 650,496 shares. Since May 3, 2017 ALL has risen 15.17% and is uptrending. ALL outperformed the S&P 500 by 3.62%.

The Allstate Corporation (NYSE:ALL) Ratings Coverage

Total analysts of 10 have positions in Allstate (NYSE:ALL) as follows: 3 rated it a “Buy”, 0 with “Sell” and 7 with “Hold”. The positive are 30%. Since November 6, 2017 according to StockzIntelligence Inc Allstate has 14 analyst reports. On Friday, February 9 the stock of The Allstate Corporation (NYSE:ALL) has “Hold” rating given by Deutsche Bank. On Wednesday, February 21 the firm has “Equal-Weight” rating by Morgan Stanley given. On Tuesday, March 27 the rating was maintained by Citigroup with “Buy”. On Tuesday, April 10 the rating was maintained by Citigroup with “Buy”. On Tuesday, January 2 the stock of The Allstate Corporation (NYSE:ALL) earned “Underperform” rating by Keefe Bruyette & Woods. On Tuesday, January 9 Wells Fargo downgraded The Allstate Corporation (NYSE:ALL) to “Market Perform” rating. On Monday, April 16 the rating was maintained by FBR Capital with “Hold”. On Friday, February 16 the rating was maintained by Citigroup with “Buy”. On Wednesday, February 14 the stock of The Allstate Corporation (NYSE:ALL) has “Sell” rating given by Keefe Bruyette & Woods. On Sunday, April 1 Keefe Bruyette & Woods upgraded The Allstate Corporation (NYSE:ALL) rating. Keefe Bruyette & Woods has “Hold” rating and $9300 target.

The Allstate Corporation (NYSE:ALL) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: