Allianz SE (OTCMKTS:ALIZY) Given Average Recommendation of “Buy” by Brokerages

Shares of Allianz SE (OTCMKTS:ALIZY – Get Rating) have received a consensus rating of “Buy” from the twelve analysts that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $255.00.

A number of equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft boosted their price target on Allianz from €250.00 ($268.82) to €260.00 ($279.57) and gave the stock a “buy” rating in a report on Thursday, January 27th. Erste Group raised Allianz from a “hold” rating to a “buy” rating in a research note on Thursday, April 14th. Morgan Stanley lowered their target price on Allianz from €275.00 ($295.70) to €250.00 ($268.82) and set an “overweight” rating for the company in a research note on Tuesday, April 5th. Citigroup raised Allianz from a “neutral” rating to a “buy” rating in a research note on Thursday, March 31st. Finally, Zacks Investment Research downgraded Allianz from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 11th.

Shares of OTCMKTS:ALIZY opened at $23.58 on Friday. The company’s 50 day moving average price is $23.27 and its two-hundred day moving average price is $23.61. Allianz has a 12-month low of $19.51 and a 12-month high of $26.85. The firm has a market cap of $96.31 billion, a PE ratio of 12.48 and a beta of 1.20.

Allianz (OTCMKTS:ALIZY – Get Rating) last announced its quarterly earnings data on Thursday, February 17th. The company reported ($0.08) earnings per share (EPS) for the quarter. Allianz had a net margin of 4.51% and a return on equity of 8.09%. The firm had revenue of $35.89 billion during the quarter. Analysts forecast that Allianz will post 2.23 earnings per share for the current fiscal year.

About Allianz (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.

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