Allianz SE (OTCMKTS:ALIZY – Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $52.78 and last traded at $52.71, with a volume of 35782 shares trading hands. The stock had previously closed at $52.02.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Allianz in a research note on Monday, August 10th. Citigroup reissued a “neutral” rating on shares of Allianz in a research report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Allianz has an average rating of “Moderate Buy”.
View Our Latest Analysis on Allianz
Allianz Trading Down 1.1%
Allianz (OTCMKTS:ALIZY – Get Free Report) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.16). Allianz had a net margin of 6.31% and a return on equity of 18.33%. The company had revenue of $23.01 billion during the quarter, compared to analysts’ expectations of $46.70 billion. On average, research analysts anticipate that Allianz SE will post 3.57 EPS 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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