Allianz’s (ALV) Buy Rating Reiterated at DZ Bank

Allianz (FRA:ALV)‘s stock had its “buy” rating reiterated by research analysts at DZ Bank in a report issued on Friday, Borsen Zeitung reports.

Other research analysts have also recently issued research reports about the company. Deutsche Bank set a €225.00 ($261.63) price objective on Allianz and gave the stock a “buy” rating in a research note on Thursday, October 17th. Nord/LB set a €225.00 ($261.63) price objective on Allianz and gave the stock a “buy” rating in a research note on Monday, August 5th. Credit Suisse Group set a €245.00 ($284.88) price objective on Allianz and gave the stock a “buy” rating in a research note on Friday, September 6th. JPMorgan Chase & Co. set a €234.00 ($272.09) price objective on Allianz and gave the stock a “buy” rating in a research note on Friday. Finally, Independent Research set a €230.00 ($267.44) price objective on Allianz and gave the stock a “neutral” rating in a research note on Friday, August 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and fifteen have issued a buy rating to the company’s stock. Allianz presently has a consensus rating of “Buy” and a consensus target price of €223.79 ($260.22).

Shares of ALV traded down €6.10 ($7.09) during midday trading on Friday, reaching €219.00 ($254.65). 1,763,040 shares of the company were exchanged. The stock has a 50-day moving average price of €214.80 and a 200-day moving average price of €209.20. Allianz has a 1-year low of €167.30 ($194.53) and a 1-year high of €206.80 ($240.47).

Allianz Company Profile

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company's Property-Casualty 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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Analyst Recommendations for Allianz (FRA:ALV)

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