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Ally Financial: Citigroup keeps Buy rating, raises PT to $70 from $59.
ByAinvest
Monday, Sep 15, 2025 10:21 am ET1min read
Ally Financial: Citigroup keeps Buy rating, raises PT to $70 from $59.
AG2R LA Mondiale Gestion D Actifs has made a significant investment in Allstate Corporation, purchasing 10,074 shares valued at approximately $2.11 million. This move follows Allstate's strong performance, with the stock achieving a 12-month high of $214.76 and reporting an impressive EPS of $5.94 for the last quarter, exceeding expectations [1].The investment by AG2R LA Mondiale Gestion D Actifs is part of a broader trend of institutional investors and hedge funds increasing their holdings in Allstate. Hughes Financial Services LLC, Meeder Asset Management Inc., McClarren Financial Advisors Inc., Mattson Financial Services LLC, and 1 North Wealth Services LLC have also recently acquired new positions in Allstate, valued at approximately $28,000, $39,000, $43,000, $44,000, and $51,000, respectively [1].
Allstate's latest earnings report, released on July 30, 2025, showed strong financials. The company reported $5.94 EPS for the quarter, topping the consensus estimate of $3.20 by $2.74. The firm had revenue of $15.05 billion during the quarter, with a return on equity of 28.74% and a net margin of 8.79% [1].
Analysts remain optimistic about Allstate's prospects. BMO Capital Markets boosted their price objective on Allstate from $230.00 to $235.00 and gave the company an "outperform" rating. Citigroup upgraded Allstate to a "hold" rating and Raymond James Financial restated a "strong-buy" rating with a $260.00 price objective. UBS Group upped their target price on Allstate from $230.00 to $235.00 and gave the stock a "buy" rating. Barclays reiterated an "underweight" rating and issued a $198.00 target price [1].
The company also recently disclosed a quarterly dividend, which will be paid on October 1, 2025, with a dividend yield of 2.0% [1].
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