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Analysts Offer Insights on Financial Companies: Allstate (ALL), IGM Financial (OtherIGIFF) and CareTrust REIT (CTRE)

Analysts have been eager to weigh in on the Financial sector with new ratings on Allstate (ALLResearch Report), IGM Financial (IGIFFResearch Report) and CareTrust REIT (CTREResearch Report).

Allstate (ALL)

Barclays analyst Tracy Benguigui maintained a Hold rating on Allstate on August 5 and set a price target of $120.00. The company’s shares closed last Friday at $117.00.

According to TipRanks.com, Benguigui is a 2-star analyst with an average return of 0.7% and a 43.0% success rate. Benguigui covers the Financial sector, focusing on stocks such as American International Group, Brighthouse Financial, and Prudential Financial.

Allstate has an analyst consensus of Moderate Buy, with a price target consensus of $136.40, a 19.8% upside from current levels. In a report issued on July 21, Evercore ISI also maintained a Hold rating on the stock with a $124.00 price target.

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IGM Financial (IGIFF)

In a report issued on August 5, John Aiken from Barclays maintained a Sell rating on IGM Financial, with a price target of C$39.00. The company’s shares closed last Friday at $28.90.

According to TipRanks.com, Aiken is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -2.8% and a 43.7% success rate. Aiken covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, Element Fleet Management, and National Bank of Canada.

IGM Financial has an analyst consensus of Moderate Buy, with a price target consensus of $33.13.

CareTrust REIT (CTRE)

Barclays analyst Steven Valiquette maintained a Hold rating on CareTrust REIT on August 5 and set a price target of $20.00. The company’s shares closed last Friday at $21.08.

According to TipRanks.com, Valiquette is a 2-star analyst with an average return of 0.2% and a 52.3% success rate. Valiquette covers the Healthcare sector, focusing on stocks such as Brookdale Senior Living, AmerisourceBergen, and Molina Healthcare.

Currently, the analyst consensus on CareTrust REIT is a Hold with an average price target of $20.30, representing a -1.8% downside. In a report issued on August 5, BMO Capital also maintained a Hold rating on the stock with a $20.00 price target.

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