JPMorgan Chase & Co. Reiterates “€255.00” Price Target for Allianz (FRA:ALV)

JPMorgan Chase & Co. set a €255.00 ($274.19) target price on Allianz (FRA:ALVGet Rating) in a research report released on Wednesday morning, Borsen Zeitung reports.

Several other equities research analysts have also recently issued reports on the stock. Kepler Capital Markets set a €260.00 ($279.57) price objective on shares of Allianz in a research report on Monday, January 24th. Jefferies Financial Group set a €260.00 ($279.57) price objective on shares of Allianz in a research report on Tuesday, April 12th. HSBC set a €281.00 ($302.15) target price on shares of Allianz in a report on Monday, January 17th. Berenberg Bank set a €269.00 ($289.25) target price on shares of Allianz in a report on Tuesday, April 19th. Finally, Deutsche Bank Aktiengesellschaft set a €250.00 ($268.82) target price on shares of Allianz in a report on Wednesday, March 16th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of Buy and a consensus target price of €247.33 ($265.95).

Allianz stock opened at €212.25 ($228.23) on Wednesday. Allianz has a 1 year low of €167.30 ($179.89) and a 1 year high of €206.80 ($222.37). The firm’s 50 day moving average price is €211.05 and its 200-day moving average price is €210.26.

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.

Read More

Analyst Recommendations for Allianz (FRA:ALV)

Receive News & Ratings for Allianz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allianz and related companies with MarketBeat.com's FREE daily email newsletter.