Allianz (FRA:ALV) has been assigned a €227.00 ($263.95) price target by research analysts at Oddo Bhf in a report issued on Tuesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Oddo Bhf’s price target would suggest a potential upside of 3.13% from the stock’s current price.
A number of other research analysts also recently commented on ALV. Barclays set a €228.00 ($265.12) price objective on shares of Allianz and gave the company a “buy” rating in a research report on Friday. Royal Bank of Canada set a €200.00 ($232.56) price objective on shares of Allianz and gave the company a “sell” rating in a research report on Friday. DZ Bank reaffirmed a “buy” rating on shares of Allianz in a research report on Friday. JPMorgan Chase & Co. set a €234.00 ($272.09) target price on shares of Allianz and gave the company a “buy” rating in a research note on Friday. Finally, Independent Research set a €230.00 ($267.44) target price on shares of Allianz and gave the company a “neutral” rating in a research note on Monday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and twelve have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of €225.41 ($262.11).
Shares of ALV opened at €220.10 ($255.93) on Tuesday. The company’s 50 day moving average price is €215.23 and its 200 day moving average price is €209.26. Allianz has a 52 week low of €167.30 ($194.53) and a 52 week high of €206.80 ($240.47).
Allianz Company Profile
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 insurance products to private and corporate customers.
Read More: What is a support level?
Receive News & Ratings for Allianz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allianz and related companies with MarketBeat.com's FREE daily email newsletter.