Allianz (FRA:ALV) received a €239.00 ($295.06) price target from stock analysts at JPMorgan Chase & Co. in a report released on Wednesday. The brokerage presently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 27.18% from the stock’s previous close.
Other equities research analysts also recently issued reports about the stock. Goldman Sachs Group set a €217.00 ($267.90) target price on shares of Allianz and gave the company a “buy” rating in a research note on Tuesday, October 31st. Deutsche Bank set a €205.00 ($253.09) price objective on shares of Allianz and gave the stock a “buy” rating in a research note on Monday, October 30th. Kepler Capital Markets set a €215.00 ($265.43) target price on shares of Allianz and gave the stock a “buy” rating in a report on Friday, November 10th. UBS Group set a €200.00 ($246.91) target price on shares of Allianz and gave the stock a “buy” rating in a report on Friday, November 10th. Finally, Commerzbank set a €210.00 ($259.26) target price on shares of Allianz and gave the stock a “buy” rating in a report on Friday, November 10th. Two analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and eight have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of €206.11 ($254.46).
Allianz (FRA:ALV) traded up €1.38 ($1.70) during midday trading on Wednesday, hitting €187.92 ($232.00). 1,891,030 shares of the stock were exchanged. Allianz has a 1 year low of €157.00 ($193.83) and a 1 year high of €206.80 ($255.31). The company has a market capitalization of $82,830.00 and a P/E ratio of 11.30.
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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 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.
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