Bank of America raises target for Allstate stock to USD 340.00
Published on 10/14/2026 at 15:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and upcoming results
- Bank of America lifted its Allstate target from USD 336.00 to USD 340.00 on October 12, 2026.
- The company will release third-quarter results on November 4, 2026.
- Allstate stock costs EUR 206.95 at Lang & Schwarz on October 14, 2026 at 3:37 p.m. CEST.
- Allstate's price-to-earnings ratio was 4.57 on October 14, 2026.
Bank of America raised its Allstate target from USD 336.00 to USD 340.00 on October 12, 2026, while maintaining a Buy rating, according to MarketBeat. Against Allstate's USD 228.53 NYSE price at 9:49 a.m. ET on October 14, 2026, the new target lies 48.78 percent higher. StockAnalysis identifies the company as The Allstate Corporation, ticker ALL, listed on NYSE, with ISIN US0200021014.
November results date is set
Allstate will release its third-quarter 2026 results after 4:15 p.m. ET on November 4, 2026, and hold its earnings call at 9:00 a.m. ET on November 5, 2026, according to Allstate Newsroom. The schedule gives the market a defined next reporting date after the second-quarter figures released in August.
Yearly range and valuation
At 9:49 a.m. ET on October 14, 2026, the NYSE price of USD 228.53 stood 17.56 percent below the 52-week high of USD 277.22 and above the low of USD 188.08. Allstate's market capitalization was USD 58.8 billion, and its price-to-earnings ratio was 4.57 at that time.
The second-quarter operating picture included USD 18.60 billion in revenue and USD 3.27 billion in net income for the period ended June 30, 2026, according to the standardized financial statements. The earnings-call transcript from Benzinga also records a 4.5-point improvement in the Property-Liability combined ratio to 86.6 in the second quarter.
Comparison with peers
Allstate Corp.: P/E 4.57, market capitalization USD 58.8 billion.
The Progressive Corporation (NYSE, USD): minus 9.44 percent, P/E 10.14, market capitalization USD 117.3 billion.
Chubb Limited (NYSE, USD): minus 0.69 percent, P/E 12.11, market capitalization USD 132.6 billion.
Trading price in Germany
Allstate was trading at EUR 206.95 at Lang & Schwarz on October 14, 2026 at 3:37 p.m. CEST. The quote was in the regular Xetra session window for this report, while the primary listing remained on NYSE in US dollars.
The further course of trading is shown by the continuously updated real-time quote of Allstate Corp. stock.
Allstate market details
- Company: The Allstate Corporation
- ISIN: US0200021014
- Ticker: ALL
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 14, 2026, 3:37 p.m. CEST): EUR 206.95
- Market capitalization: USD 58.8 billion (as of October 14, 2026)
- 52-week range: USD 188.08-277.22 (as of October 14, 2026)
- Sector / Industry: Financials / Insurance - Property and Casualty
- Index membership: S&P 500
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
