Allianz SE (NASDAQ:AZSEY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Tuesday.

According to Zacks, “Allianz AG’s principal activities are carried out through four divisions: Life/Health: Provides any of life and heath insurances; Property/Casualty: Provides property and casualty insurance, travel insurance and credit insurance; Banking: Provides a range of banking services, including lending, deposit taking, investment banking; Asset Management: Asset Management for third party investor and Asset under Management which cover the owners investments. “

Separately, equinet AG reissued a “buy” rating on shares of Allianz SE in a research report on Saturday, August 6th.

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Allianz SE (NASDAQ:AZSEY) traded up 1.44% on Tuesday, reaching $14.76. 824,973 shares of the company’s stock traded hands. Allianz SE has a 12-month low of $13.11 and a 12-month high of $18.10. The stock has a 50 day moving average price of $14.73 and a 200 day moving average price of $15.33. The stock has a market cap of $67.09 billion and a price-to-earnings ratio of 10.00.

Allianz SE Company Profile

Allianz SE is a financial service company. The Company is the holding company of the Allianz Group. The Company operates in the field of reinsurance, providing reinsurance protection for Allianz Group companies, in particular. The Company’s segments include Property-Casualty, Life/Health, Asset Management, and Corporate and Other.

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