Allianz (ALIZY) Expected to Announce Quarterly Earnings on Thursday

Allianz (OTCMKTS:ALIZY) is anticipated to release its results before the market opens on Thursday, February 26th. Analysts expect Allianz to post earnings of $0.74 per share for the quarter.

Allianz Stock Down 0.7%

Shares of ALIZY opened at $43.92 on Thursday. The business has a fifty day moving average of $44.79 and a 200 day moving average of $42.95. The company has a market cap of $167.07 billion, a PE ratio of 14.59, a P/E/G ratio of 1.12 and a beta of 0.63. Allianz has a 52-week low of $33.16 and a 52-week high of $46.24.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on ALIZY shares. Erste Group Bank upgraded Allianz from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 10th. Royal Bank Of Canada started coverage on shares of Allianz in a research note on Tuesday. They issued a “sector perform” rating for the company. Finally, Keefe, Bruyette & Woods raised shares of Allianz from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

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.