Citigroup Analysts Give Allianz (ALV) a €214.98 Price Target
Allianz (FRA:ALV) has been given a €214.98 ($255.93) price objective by stock analysts at Citigroup in a report released on Friday. The firm presently has a “neutral” rating on the stock. Citigroup’s price target would indicate a potential upside of 6.80% from the company’s previous close.
Several other equities analysts have also issued reports on ALV. JPMorgan Chase & Co. set a €239.00 ($284.52) price target on Allianz and gave the company a “buy” rating in a research note on Thursday. Kepler Capital Markets set a €230.00 ($273.81) price target on Allianz and gave the company a “buy” rating in a research note on Friday, January 5th. Credit Suisse Group set a €205.00 ($244.05) price target on Allianz and gave the company a “neutral” rating in a research note on Monday, November 13th. Deutsche Bank set a €220.00 ($261.90) price target on Allianz and gave the company a “buy” rating in a research note on Wednesday, January 3rd. Finally, Independent Research set a €210.00 ($250.00) price target on Allianz and gave the company a “neutral” rating in a research note on Friday, November 10th. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating and nine have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of €202.44 ($241.00).
Allianz (ALV) opened at €201.30 ($239.64) on Friday. Allianz has a 12-month low of €154.27 ($183.65) and a 12-month high of €204.67 ($243.65). The firm has a market capitalization of $88,750.00 and a PE ratio of 12.10.
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Allianz SE, together with its subsidiaries, provides property-casualty and life/health insurance, and asset management products and services worldwide. The companys Property-Casualty Insurance segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel insurance products to private and corporate customers.
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