Allianz (OTCMKTS:ALIZY) Issues Earnings Results

Allianz (OTCMKTS:ALIZY) posted its quarterly earnings results on Friday. The company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.10, Zacks reports. Allianz had a net margin of 5.47% and a return on equity of 16.58%.

Allianz Stock Up 0.7%

OTCMKTS:ALIZY traded up $0.31 on Friday, hitting $42.57. The stock had a trading volume of 134,010 shares, compared to its average volume of 219,007. Allianz has a 1-year low of $29.83 and a 1-year high of $44.25. The stock has a market cap of $164.39 billion, a price-to-earnings ratio of 14.99, a PEG ratio of 1.19 and a beta of 0.86. The company has a fifty day moving average price of $41.50 and a two-hundred day moving average price of $40.97.

Analysts Set New Price Targets

Separately, Erste Group Bank raised Allianz from a “hold” rating to a “strong-buy” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

About Allianz

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.