RBC Capital Downgrades Allianz SE to Sector Perform (AZ)
Allianz SE (NYSE:AZ) was downgraded by RBC Capital from an “outperform” rating to a “sector perform” rating in a research note issued on Wednesday, Analyst Ratings Network.com reports. They currently have a $125.00 price objective on the stock, down from their previous price objective of $130.00.
Separately, analysts at Natixis raised their price target on shares of Allianz SE from $130.00 to $132.00 in a research note to investors on Thursday, October 3rd. They now have a “buy” rating on the stock. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $124.67.
Allianz SE is a Germany-based financial services provider and holding company. The Company operates following business segments: Insurance Operations, Asset Management, and Corporate and Other.
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