HSBC Reiterates “€213.00” Price Target for Allianz (ALV)

Allianz (FRA:ALV) received a €213.00 ($253.57) price objective from equities research analysts at HSBC in a research report issued to clients and investors on Friday. The brokerage presently has a “neutral” rating on the stock. HSBC’s target price would indicate a potential upside of 4.13% from the stock’s previous close.

A number of other research analysts also recently commented on ALV. Sanford C. Bernstein set a €170.00 ($202.38) target price on Allianz and gave the stock a “neutral” rating in a report on Tuesday, September 26th. JPMorgan Chase & Co. set a €228.00 ($271.43) target price on Allianz and gave the stock a “buy” rating in a report on Thursday, September 28th. Jefferies Group set a €216.00 ($257.14) target price on Allianz and gave the stock a “buy” rating in a report on Tuesday, October 3rd. Royal Bank of Canada set a €195.00 ($232.14) target price on Allianz and gave the stock a “buy” rating in a report on Tuesday, October 3rd. Finally, Deutsche Bank set a €205.00 ($244.05) target price on Allianz and gave the stock a “buy” rating in a report on Monday, October 9th. Two equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of €203.71 ($242.52).

Allianz (FRA:ALV) opened at €204.55 ($243.51) on Friday. Allianz has a 1-year low of €154.27 ($183.65) and a 1-year high of €204.67 ($243.65). The company has a market capitalization of $89,660.00 and a P/E ratio of 12.30.

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About Allianz

Allianz SE, together with its subsidiaries, provides property-casualty and life/health insurance, and asset management products and services worldwide. The company’s 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.

Analyst Recommendations for Allianz (FRA:ALV)

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