Shares of Allianz SE (OTCMKTS:ALIZY – Get Free Report) have been assigned a consensus recommendation of “Reduce” from the five ratings firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation and four have issued a hold recommendation on the company.
A number of research firms recently commented on ALIZY. Citigroup reiterated a “neutral” rating on shares of Allianz in a report on Friday, May 16th. The Goldman Sachs Group downgraded Allianz from a “buy” rating to a “neutral” rating in a report on Tuesday, May 20th. Dbs Bank upgraded Allianz from a “strong sell” rating to a “moderate sell” rating in a report on Wednesday, May 28th. HSBC downgraded Allianz to a “hold” rating in a report on Friday, May 16th. Finally, Barclays downgraded Allianz from a “hold” rating to a “strong sell” rating in a report on Thursday, June 12th.
Get Our Latest Stock Report on ALIZY
Allianz Stock Performance
Allianz (OTCMKTS:ALIZY – Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported $0.69 EPS for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.08). Allianz had a return on equity of 16.27% and a net margin of 5.34%. The business had revenue of $60.55 billion during the quarter, compared to analyst estimates of $21.13 billion. As a group, analysts predict that Allianz will post 2.63 EPS for the current fiscal year.
About Allianz
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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