Assicurazioni Generali S.p.A. (OTCMKTS:ARZGY) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Assicurazioni Generali S.p.A. (OTCMKTS:ARZGYGet Rating) have been assigned a consensus recommendation of “Hold” from the ten research firms that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $20.85.

Several brokerages recently issued reports on ARZGY. Kepler Capital Markets lowered shares of Assicurazioni Generali from a “buy” rating to a “hold” rating and cut their target price for the stock from €21.00 ($22.34) to €20.00 ($21.28) in a research note on Thursday, March 17th. Barclays decreased their price objective on shares of Assicurazioni Generali from €18.50 ($19.68) to €18.00 ($19.15) and set an “underweight” rating for the company in a report on Wednesday, May 11th. Berenberg Bank decreased their price objective on shares of Assicurazioni Generali from €23.40 ($24.89) to €22.60 ($24.04) and set a “buy” rating for the company in a report on Thursday, March 17th. DZ Bank cut shares of Assicurazioni Generali from a “buy” rating to a “hold” rating in a research note on Friday. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Assicurazioni Generali from €23.00 ($24.47) to €23.50 ($25.00) in a research note on Friday.

ARZGY opened at $9.34 on Tuesday. Assicurazioni Generali has a twelve month low of $8.35 and a twelve month high of $11.71. The company has a fifty day moving average of $10.11 and a 200-day moving average of $10.27.

Assicurazioni Generali Company Profile (Get Rating)

Assicurazioni Generali S.p.A. provides various insurance solutions. The company operates through four segments: Non-Life; Life; Asset Management; and Holding and Other Business. It offers saving and protection insurance products for individuals and family; unit linked products with investment purposes; and motor, motor third-party liability, casualty, accident, health, and commercial and industrial risks insurance products.

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Analyst Recommendations for Assicurazioni Generali (OTCMKTS:ARZGY)

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