Allianz SE (FRA:ALV) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Allianz SE (FRA:ALV) have earned an average rating of “Buy” from the eighteen analysts that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is €227.00 ($263.95).

A number of equities research analysts have issued reports on ALV shares. Goldman Sachs Group set a €225.00 ($261.63) target price on Allianz and gave the stock a “neutral” rating in a research report on Friday, November 8th. Royal Bank of Canada set a €200.00 ($232.56) target price on Allianz and gave the stock a “sell” rating in a research report on Friday, November 8th. Barclays set a €228.00 ($265.12) target price on Allianz and gave the stock a “buy” rating in a research report on Friday, November 8th. Credit Suisse Group set a €245.00 ($284.88) target price on Allianz and gave the stock a “buy” rating in a research report on Friday, September 6th. Finally, Independent Research set a €230.00 ($267.44) target price on Allianz and gave the stock a “neutral” rating in a research report on Monday, November 11th.

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Allianz stock traded up €1.60 ($1.86) during trading hours on Monday, reaching €218.85 ($254.48). 1,074,068 shares of the company were exchanged. The stock has a 50-day moving average of €215.85 and a 200 day moving average of €209.36. Allianz has a 12 month low of €167.30 ($194.53) and a 12 month high of €206.80 ($240.47).

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 insurance products to private and corporate customers.

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Analyst Recommendations for Allianz (FRA:ALV)

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