Brokerages Set Allianz SE (OTCMKTS:ALIZY) PT at $26.00

Allianz SE (OTCMKTS:ALIZY) has earned an average recommendation of “Buy” from the twelve analysts that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and eight have given a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $26.00.

A number of brokerages have commented on ALIZY. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Allianz in a research report on Tuesday, September 7th. Credit Suisse Group reiterated an “outperform” rating on shares of Allianz in a research report on Tuesday, May 18th. Jefferies Financial Group upgraded Allianz from a “hold” rating to a “buy” rating in a research report on Thursday, July 22nd. Barclays reiterated an “equal weight” rating on shares of Allianz in a research report on Friday, September 10th. Finally, Commerzbank raised Allianz from a “hold” rating to a “buy” rating in a report on Monday, July 19th.

OTCMKTS:ALIZY traded down $0.26 during mid-day trading on Friday, hitting $22.67. 185,688 shares of the company’s stock traded hands, compared to its average volume of 154,102. The firm has a 50 day moving average of $23.77 and a two-hundred day moving average of $25.12. Allianz has a 12 month low of $17.39 and a 12 month high of $26.85. The firm has a market capitalization of $93.45 billion, a price-to-earnings ratio of 9.18 and a beta of 1.24. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.26.

Allianz (OTCMKTS:ALIZY) last announced its quarterly earnings data on Friday, August 6th. The company reported $0.63 EPS for the quarter. Allianz had a return on equity of 10.63% and a net margin of 6.08%. The company had revenue of $33.52 billion during the quarter. As a group, equities research analysts expect that Allianz will post 2.52 earnings per share for the current year.

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 to private and corporate customers.

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Analyst Recommendations for Allianz (OTCMKTS:ALIZY)

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