Barclays Upgrades Allianz (AZSEY) to “Hold”

Allianz (OTCMKTS:AZSEY) was upgraded by stock analysts at Barclays from an “underweight” rating to a “hold” rating in a research report issued on Monday.

AZSEY has been the subject of several other research reports. ValuEngine raised Allianz from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 26th. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Allianz in a research note on Tuesday, August 22nd. Citigroup restated a “neutral” rating on shares of Allianz in a report on Monday, November 13th. Royal Bank of Canada reiterated a “neutral” rating on shares of Allianz in a research note on Monday, November 6th. Finally, DZ Bank reissued a “buy” rating on shares of Allianz in a research report on Wednesday, November 1st. Seven analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the company’s stock. Allianz has an average rating of “Buy” and a consensus target price of $26.00.

Allianz (OTCMKTS AZSEY) traded down $0.13 during trading hours on Monday, reaching $23.29. 123,760 shares of the company were exchanged, compared to its average volume of 122,306. Allianz has a 1 year low of $16.11 and a 1 year high of $23.83. The stock has a market cap of $105,234.27, a price-to-earnings ratio of 13.45 and a beta of 1.11.

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About Allianz

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.

Analyst Recommendations for Allianz (OTCMKTS:AZSEY)

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