Rating Change
Keefe, Bruyette & Woods analysts downgraded The Allstate Corporation (NYSE:ALL) from Market Perform to Underperform on August 20, 2026.
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The Allstate Corporation (ALL) Downgraded to Underperform by Keefe, Bruyette & Woods
Keefe, Bruyette & Woods analysts downgraded The Allstate Corporation (NYSE:ALL) from Market Perform to Underperform on August 20, 2026.
At publication ·
What changed
The Allstate Corporation (NYSE:ALL) · downgrade
- Firm
- Keefe, Bruyette & Woods
- Rating
- Market Perform to Underperform
- Price at event
- $258.29
- Market capitalization
- $56.1B
At a glance
Key takeaways
- Keefe, Bruyette & Woods downgraded Allstate (ALL) from Market Perform to Underperform on August 20, 2026, though the specific reasoning for the downgrade was not disclosed in this article.
Market Context
The Allstate Corporation operates in the Financial Services sector. The stock currently trades at $258.29 with a market capitalization of $56.1B. The stock has gained 22.0% over the past 52 weeks.
Analyst downgrades can weigh on a stock in the short term as institutional investors who follow Keefe, Bruyette & Woods's research adjust their positions. However, downgrades also sometimes create buying opportunities if the market overreacts to the rating change. The reasoning behind the downgrade matters more than the rating itself.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for The Allstate Corporation
Among the 10 most recent ratings: 3 Buy, 3 Hold, 4 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 20, 2026 | Keefe, Bruyette & Woods | Underperform | N/A |
| Aug 11, 2026 | JP Morgan | Overweight | N/A |
| Aug 11, 2026 | Citigroup | Sell | N/A |
| Aug 10, 2026 | Piper Sandler | Overweight | N/A |
| Aug 10, 2026 | UBS | Neutral | N/A |
Related Tools: Analyst Ratings Dashboard | View ALL Stock Page
Frequently Asked Questions
What does the Underperform rating mean for ALL?
A rating of Underperform from Keefe, Bruyette & Woods reflects the analyst's outlook on The Allstate Corporation (NYSE:ALL). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the ALL forecast page.