Allianz SE (FRA:ALV) Given Average Recommendation of “Buy” by Analysts

Allianz SE (FRA:ALV – Get Rating) has been given a consensus rating of “Buy” by the fifteen brokerages that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a buy recommendation. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is €249.14 ($267.90).

ALV has been the topic of a number of research reports. HSBC set a €281.00 ($302.15) target price on shares of Allianz in a research report on Monday, January 17th. Deutsche Bank Aktiengesellschaft set a €250.00 ($268.82) price objective on shares of Allianz in a report on Wednesday, March 16th. JPMorgan Chase & Co. set a €255.00 ($274.19) price objective on shares of Allianz in a report on Wednesday. Morgan Stanley set a €250.00 ($268.82) target price on shares of Allianz in a research note on Tuesday, April 5th. Finally, The Goldman Sachs Group set a €270.00 ($290.32) target price on shares of Allianz in a research note on Thursday.

Shares of ALV stock opened at €214.35 ($230.48) on Friday. 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 is €210.89 and its 200-day moving average is €210.37.

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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