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Analysts Offer Insights on Financial Companies: Allstate (ALL) and Urban Edge Properties (UE)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Allstate (ALLResearch Report) and Urban Edge Properties (UEResearch Report).

Allstate (ALL)

Evercore ISI analyst David Motemaden maintained a Hold rating on Allstate today and set a price target of $122.00. The company’s shares closed last Thursday at $130.92.

According to TipRanks.com, Motemaden is a 3-star analyst with an average return of 7.0% and a 61.2% success rate. Motemaden covers the Financial sector, focusing on stocks such as Marsh & Mclennan Companies, Arthur J Gallagher & Co, and Trean Insurance Group.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Allstate with a $137.40 average price target.

See today’s best-performing stocks on TipRanks >>

Urban Edge Properties (UE)

Evercore ISI analyst Samir Khanal maintained a Buy rating on Urban Edge Properties today and set a price target of $21.00. The company’s shares closed last Thursday at $18.64.

According to TipRanks.com, Khanal is a 1-star analyst with an average return of -0.9% and a 48.0% success rate. Khanal covers the Financial sector, focusing on stocks such as Americold Realty, Brixmor Property, and Tanger Factory.

Urban Edge Properties has an analyst consensus of Moderate Buy, with a price target consensus of $23.00, implying a 23.7% upside from current levels. In a report issued on March 15, Wolfe Research also maintained a Buy rating on the stock with a $25.00 price target.

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