Allstate shares could rise another 50% in the next few years, Barron's says Once Allstate's reorganization becomes clearer to investors and increased company profits, the stock could jump 50% over the next few years, Barron's contends in a feature article. Reference Link
Allstate weakness creates compelling opportunity, says Bernstein Bernstein says that Allstate's stock has dropped due to the rising frequency of auto accidents this year. However, the firm says that the selloff has given investors the opportunity to buy "a high-quality, defensive franchise at a bargain price." Bernstein recommends aggressively buying the shares on weakness.