NYSE:ALLInsurance
Has Allstate’s Strong Multi Year Rally Already Priced In Its Improved Profitability?
Wondering if Allstate at around $209 a share is still a smart buy or if the easy money has already been made? This breakdown will help you decide whether the current price matches the company’s true value.
After a 4.2% gain over the last week, Allstate is still up 9.1% year to date and 10.5% over the past year, adding to an already strong 68.1% 3 year and 123.1% 5 year run that has shifted how the market views its growth and risk profile.
Much of this move has been underpinned by improving...