Allianz SE (OTCMKTS:ALIZY) Given Consensus Rating of “Hold” by Analysts

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

Several equities research analysts have recently commented on ALIZY shares. Keefe, Bruyette & Woods raised Allianz from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 9th. Royal Bank Of Canada began coverage on shares of Allianz in a report on Tuesday, February 17th. They issued a “hold” rating for the company.

Allianz Stock Performance

OTCMKTS ALIZY opened at $40.69 on Thursday. Allianz has a 1 year low of $34.12 and a 1 year high of $46.24. The business’s fifty day moving average is $43.52 and its two-hundred day moving average is $42.92. The stock has a market capitalization of $154.79 billion, a P/E ratio of 12.96, a P/E/G ratio of 1.06 and a beta of 0.62.

Allianz (OTCMKTS:ALIZY) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.09. The business had revenue of $33.04 billion during the quarter. Allianz had a return on equity of 18.31% and a net margin of 5.80%. On average, research analysts forecast that Allianz will post 2.63 earnings per share for the current year.

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.