Allianz SE (AZSEY) Given Consensus Rating of “Buy” by Brokerages
Allianz SE (OTCMKTS:AZSEY) has received a consensus recommendation of “Buy” from the thirteen research firms that are currently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $26.00.
A number of equities research analysts have recently issued reports on the stock. Societe Generale raised shares of Allianz from a “sell” rating to a “hold” rating in a research note on Thursday, September 14th. ValuEngine raised shares of Allianz from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 26th. Zacks Investment Research raised shares of Allianz from a “hold” rating to a “strong-buy” rating and set a $26.00 price target on the stock in a research note on Wednesday, October 4th. Royal Bank of Canada reissued a “sector perform” rating on shares of Allianz in a research note on Friday, October 20th. Finally, DZ Bank reissued a “buy” rating on shares of Allianz in a research note on Wednesday, November 1st.
Allianz (AZSEY) opened at $23.60 on Friday. Allianz has a 52 week low of $16.50 and a 52 week high of $23.83. The company has a market cap of $103,990.00, a PE ratio of 11.80 and a beta of 1.15.
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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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