Allianz SE (OTCMKTS:ALIZY) Receives Consensus Recommendation of “Hold” from Brokerages

Allianz SE (OTCMKTS:ALIZY) has been given a consensus rating of “Hold” by the seven research firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company.

ALIZY has been the subject of several research reports. Royal Bank Of Canada began coverage on Allianz in a report on Tuesday. They issued a “hold” rating for the company. Erste Group Bank upgraded Allianz from a “hold” rating to a “strong-buy” rating in a report on Monday, November 10th. Finally, Keefe, Bruyette & Woods upgraded shares of Allianz from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 9th.

Allianz Stock Performance

Shares of OTCMKTS ALIZY opened at $44.78 on Friday. Allianz has a 52-week low of $33.21 and a 52-week high of $46.24. The firm has a market capitalization of $170.35 billion, a price-to-earnings ratio of 14.88, a PEG ratio of 1.13 and a beta of 0.63. The stock has a 50 day moving average price of $44.77 and a 200 day moving average price of $43.01.

About Allianz

Allianz SE is a multinational financial services company headquartered in Munich, Germany, with a history dating back to 1890. The company is primarily known as a major global insurer and asset manager, offering a wide range of insurance and risk management products for individuals, businesses and institutional clients. Allianz’s operations encompass property and casualty insurance, life and health insurance, retirement solutions and specialty risk coverage for commercial and corporate customers.

In addition to underwriting insurance, Allianz operates substantial asset management businesses that manage investments on behalf of its insurance operations and external clients.