Allianz (FRA:ALV) Given a €270.00 Price Target at The Goldman Sachs Group

Allianz (FRA:ALVGet Rating) has been given a €270.00 ($290.32) price objective by investment analysts at The Goldman Sachs Group in a note issued to investors on Thursday, Borsen Zeitung reports. The Goldman Sachs Group’s price objective points to a potential upside of 27.21% from the stock’s current price.

ALV has been the topic of a number of other reports. HSBC set a €281.00 ($302.15) target price on shares of Allianz in a research report on Monday, January 17th. Berenberg Bank set a €269.00 ($289.25) price objective on Allianz in a report on Tuesday, April 19th. Morgan Stanley set a €250.00 ($268.82) target price on Allianz in a research note on Tuesday, April 5th. Barclays set a €240.00 ($258.06) price target on Allianz in a research note on Monday, February 21st. Finally, UBS Group set a €243.00 ($261.29) price objective on Allianz in a research report on Friday, February 18th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of €249.08 ($267.82).

Allianz stock opened at €212.25 ($228.23) on Thursday. The stock has a 50-day simple moving average of €211.05 and a 200 day simple moving average of €210.26. Allianz has a 12-month low of €167.30 ($179.89) and a 12-month high of €206.80 ($222.37).

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.

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