Deutsche Bank Rese… set a €250.00 ($268.82) price target on Allianz (FRA:ALV – Get Rating) in a research report sent to investors on Thursday, Borsen Zeitung reports.
Several other research analysts also recently weighed in on the stock. Jefferies Financial Group set a €260.00 ($279.57) target price on shares of Allianz in a report on Tuesday, April 12th. Kepler Capital Markets set a €260.00 ($279.57) target price on Allianz in a research report on Monday, January 24th. UBS Group set a €243.00 ($261.29) price target on Allianz in a report on Friday, February 18th. Morgan Stanley set a €250.00 ($268.82) price objective on shares of Allianz in a report on Tuesday, April 5th. Finally, The Goldman Sachs Group set a €270.00 ($290.32) target price on shares of Allianz in a report on Thursday. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of Buy and an average target price of €249.14 ($267.90).
ALV opened at €214.35 ($230.48) on Thursday. The company has a 50 day simple moving average of €210.89 and a two-hundred day simple moving average of €210.37. Allianz has a 1-year low of €167.30 ($179.89) and a 1-year high of €206.80 ($222.37).
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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