Allianz (ALV) Given a €239.00 Price Target at JPMorgan Chase & Co.

Allianz (FRA:ALV) has been given a €239.00 ($284.52) target price by stock analysts at JPMorgan Chase & Co. in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 17.21% from the company’s current price.

Several other brokerages also recently issued reports on ALV. Commerzbank set a €240.00 ($285.71) price objective on shares of Allianz and gave the stock a “buy” rating in a research note on Monday, January 22nd. HSBC set a €213.00 ($253.57) price objective on shares of Allianz and gave the stock a “neutral” rating in a research note on Friday, January 19th. UBS Group set a €230.00 ($273.81) price objective on shares of Allianz and gave the stock a “buy” rating in a research note on Tuesday, January 16th. Goldman Sachs Group set a €217.00 ($258.33) price objective on shares of Allianz and gave the stock a “buy” rating in a research note on Friday, November 10th. Finally, equinet set a €200.00 ($238.10) price objective on shares of Allianz and gave the stock a “buy” rating in a research note on Friday, November 10th. Two research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and nine have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of €206.44 ($245.77).

Shares of Allianz (FRA:ALV) remained flat at $€203.90 ($242.74) during midday trading on Wednesday. The stock had a trading volume of 1,035,270 shares. The firm has a market cap of $89,970.00 and a P/E ratio of 12.26. Allianz has a 52-week low of €154.27 ($183.65) and a 52-week high of €206.80 ($246.19).

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Allianz Company Profile

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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