BofA Securities analyst Joshua Shanker maintains $Allstate (ALL.US)$ with a buy rating, and adjusts the target price from $226 to $216.
According to TipRanks data, the analyst has a success rate of 64.4% and a total average return of 11.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Allstate (ALL.US)$'s main analysts recently are as follows:
It's anticipated that the third quarter's global catastrophe events will result in 'manageable' catastrophe losses for property and casualty insurers. Insurers are expected to incorporate 'placeholder' losses for Hurricane Milton in their fourth-quarter models, although the full impact remains uncertain following the storm's recent landfall. The changes in the sector's expectations reflect the events of the past quarter and adjustments in various price-to-earnings multiples.
The fundamental outlook for the property and casualty sector is viewed positively heading into the third-quarter reports. However, this optimism is tempered by existing bullish sentiment and stock valuations. Key advantages include firm pricing and a defensive risk profile for the sector, but there is a sense that expectations for underwriters' margins and brokers' sales growth are on the higher side.
Property & Casualty insurance stocks performed well in the third quarter, benefiting from a milder natural catastrophe season and market positioning, which propelled stocks to new highs. Despite the market dynamic shifting due to Hurricane Helene and Hurricane Milton, it is anticipated that underwriters will report satisfactory results for the third quarter of 2024.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
美银证券分析师Joshua Shanker维持$好事达 (ALL.US)$买入评级，并将目标价从226美元下调至216美元。
根据TipRanks数据显示，该分析师近一年总胜率为64.4%，总平均回报率为11.3%。
此外，综合报道，$好事达 (ALL.US)$近期主要分析师观点如下：
预计第三季度的全球灾难事件将给财产和意外伤害保险公司带来 “可控的” 灾难损失。预计保险公司将在第四季度模型中纳入飓风米尔顿的 “占位性” 损失，尽管在风暴最近登陆后，其全部影响仍不确定。该行业预期的变化反映了上个季度的事件以及各种市盈倍数的调整。
在第三季度报告发布之前，财产和意外伤害行业的基本前景被视为乐观。但是，现有的看涨情绪和股票估值抑制了这种乐观情绪。主要优势包括稳健的定价和该行业的防御性风险状况，但有人认为，对承销商利润率和经纪商销售增长的预期偏高。
财产和意外伤害保险股在第三季度表现良好，这得益于较温和的自然灾害季节和市场定位，这推动股市创下新高。尽管由于飓风海伦和飓风米尔顿，市场动态发生了变化，但预计承销商将公布2024年第三季度的令人满意的业绩。
提示:
TipRanks为独立第三方，提供金融分析师的分析数据，并计算分析师推荐的平均回报率和胜率。提供的信息并非投资建议，仅供参考。本文不对评级数据和报告的完整性与准确性做出认可、声明或保证。
TipRanks提供每位分析师的星级，分析师星级代表分析师所有推荐的过往表现，通过分析师的总胜率和平均回报率综合计算得出，星星越多，则该分析师过往表现越优异，最高为5颗星。
分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
总平均回报率为基于分析师的初始评级创建虚拟投资组合，并根据评级变化对组合进行调整，在近一年中该投资组合所获得的回报率。
