Allianz SE (OTCMKTS:ALIZY – Get Free Report)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $48.99 and last traded at $48.65, with a volume of 112757 shares. The stock had previously closed at $48.16.
Wall Street Analyst Weigh In
Several analysts recently weighed in on ALIZY shares. Citigroup reiterated a “neutral” rating on shares of Allianz in a research report on Friday, May 15th. The Goldman Sachs Group upgraded shares of Allianz from a “hold” rating to a “buy” rating in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Allianz has an average rating of “Moderate Buy”.
View Our Latest Stock Report on Allianz
Allianz Price Performance
Allianz (OTCMKTS:ALIZY – Get Free Report) last released its earnings results on Wednesday, May 13th. The company reported $1.15 EPS for the quarter, beating the consensus estimate of $1.13 by $0.02. Allianz had a net margin of 6.48% and a return on equity of 19.92%. On average, equities analysts forecast that Allianz SE will post 3.58 earnings per share for the current fiscal year.
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.
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