The Allstate Corporation (NYSE:ALL) has been recommended as a long term growth pick according to Beta Research. With their stock price currently trading around $99.94, the firm has proven a solid track record of growth over the past few years. Investors might consider the stock as a long term growth candidate as the firm has yielded 25.40% earnings per share growth over the past 5 years and 2.10% revenue growth over that same time frame.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, The Allstate Corporation (NYSE:ALL)’s stock was 34.84%. Over the last week of the month, it was 0.77%, 5.89% over the last quarter, and 18.47% for the past six months.
Over the past 50 days, The Allstate Corporation’s stock is -0.37% off of the high and 16.77% removed from the low. Their 52-Week High and Low are as follows: -0.37% (High), 44.76%, (Low).
Despite the past success, investors want to know where the stock is headed from here. Analysts covering the shares have a consensus short-term price target of $101.36 on the equity. Analysts have a consensus recommendation of 2.30 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.