Shares of Allianz SE (FRA:ALV) have earned a consensus rating of “Buy” from the sixteen research firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and ten have given a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is €203.79 ($236.96).
A number of analysts recently commented on ALV shares. DZ Bank reiterated a “buy” rating on shares of Allianz in a report on Tuesday, May 12th. Deutsche Bank set a €230.00 ($267.44) price objective on shares of Allianz and gave the company a “buy” rating in a research report on Wednesday, May 13th. Independent Research set a €195.00 ($226.74) target price on shares of Allianz and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Royal Bank of Canada set a €163.00 ($189.53) target price on shares of Allianz and gave the stock a “sell” rating in a research report on Wednesday, May 27th. Finally, Barclays set a €200.00 ($232.56) price objective on shares of Allianz and gave the stock a “neutral” rating in a report on Tuesday, May 12th.
Shares of ALV traded down €3.90 ($4.53) during midday trading on Friday, hitting €162.82 ($189.33). The company had a trading volume of 2,282,423 shares. The company’s 50 day moving average price is €160.05 and its 200 day moving average price is €193.51. Allianz has a 52 week low of €167.30 ($194.53) and a 52 week high of €206.80 ($240.47).
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.
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