FY2022 EPS Estimates for Allianz SE Cut by Jefferies Financial Group (OTCMKTS:ALIZY)

Allianz SE (OTCMKTS:ALIZYGet Rating) – Jefferies Financial Group lowered their FY2022 earnings per share estimates for Allianz in a research report issued on Tuesday, April 12th. Jefferies Financial Group analyst P. Kett now forecasts that the company will post earnings of $1.99 per share for the year, down from their previous estimate of $2.20.

A number of other research analysts also recently commented on the company. Erste Group raised Allianz from a “hold” rating to a “buy” rating in a report on Thursday. Citigroup raised Allianz from a “neutral” rating to a “buy” rating in a report on Thursday, March 31st. Zacks Investment Research downgraded Allianz from a “strong-buy” rating to a “hold” rating in a report on Monday. Morgan Stanley reduced their target price on Allianz from €275.00 ($298.91) to €250.00 ($271.74) and set an “overweight” rating on the stock in a report on Tuesday, April 5th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Allianz from €250.00 ($271.74) to €260.00 ($282.61) and gave the stock a “buy” rating in a report on Thursday, January 27th. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, Allianz presently has a consensus rating of “Buy” and a consensus target price of $179.00.

OTCMKTS:ALIZY opened at $23.60 on Friday. The business’s 50 day moving average is $23.54 and its two-hundred day moving average is $23.57. Allianz has a 52 week low of $19.51 and a 52 week high of $26.85. The company has a market cap of $96.40 billion, a PE ratio of 12.49 and a beta of 1.20.

Allianz (OTCMKTS:ALIZYGet Rating) last issued its quarterly earnings results on Thursday, February 17th. The company reported ($0.08) EPS for the quarter. The business had revenue of $35.89 billion during the quarter. Allianz had a net margin of 4.51% and a return on equity of 8.09%.

Allianz Company Profile (Get Rating)

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company's Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.

See Also

Earnings History and Estimates for Allianz (OTCMKTS:ALIZY)

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