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Rating: ALL
Buy $70

Allstate Corporation (NYSE: ALL) upgraded to Buy with price target $70 by Deutsche Bank

Monday,  Aug 10, 2015  1:25 PM ET by Kristen Bailey

Deutsche Bank upgraded Allstate Corporation (NYSE: ALL) to Buy with price target $70 with today's
price of $63.29. Deutsche Bank rated Allstate Corporation (NYSE: ALL) to Hold with price target $62 on 05/13/2014, when the price was $58.40. Allstate Corporation 's stock price gained 8% since then.

The Allstate Corporation serves as the holding company for Allstate Insurance Company. The Company?s business is conducted principally through Allstate Insurance Company, Allstate Life Insurance Company and their affiliates (collectively, including The Allstate Corporation, Allstate). Allstate is primarily engaged in the personal property and casualty insurance business and the life insurance, retirement and investment products business. It conducts its business primarily in the United States. Customers can access Allstate products and services, such as auto insurance and homeowners insurance through more than 14,000 exclusive Allstate agencies and financial representatives in the United States and Canada. operates in four business segments: Allstate Protection, Allstate Financial, Discontinued Lines and Coverages and Corporate and Other.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.

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