Jefferies Group Equities Analysts Boost Earnings Estimates for Allianz SE (AZSEY)
Allianz SE (OTCMKTS:AZSEY) – Equities research analysts at Jefferies Group lifted their FY2017 earnings per share estimates for shares of Allianz in a research report issued on Monday. Jefferies Group analyst M. Cathcart now anticipates that the financial services provider will post earnings per share of $1.85 for the year, up from their prior forecast of $1.84. Jefferies Group also issued estimates for Allianz’s FY2019 earnings at $2.22 EPS.
A number of other research analysts have also recently issued reports on AZSEY. Deutsche Bank reissued a “buy” rating on shares of Allianz in a research note on Wednesday, August 23rd. J P Morgan Chase & Co reissued a “buy” rating on shares of Allianz in a research note on Tuesday, August 22nd. DZ Bank reissued a “buy” rating on shares of Allianz in a research note on Wednesday, November 1st. Societe Generale raised Allianz from a “sell” rating to a “hold” rating in a research note on Thursday, September 14th. Finally, Citigroup cut Allianz from a “buy” rating to a “hold” rating in a research note on Monday, November 13th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, five have issued a buy rating and two have issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $26.00.
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Allianz Company Profile
Allianz SE is a financial service company. The Company is the holding company of the Allianz Group (Allianz SE and its subsidiaries). The Company’s segments include Property-Casualty, Life/Health, Asset Management, and Corporate and Other. The Company provides a range of reinsurance coverage, primarily to Allianz insurance entities, as well as to third-party customers.
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