Allianz SE (OTCMKTS:ALIZY) Given Consensus Recommendation of “Hold” by Brokerages

Allianz SE (OTCMKTS:ALIZY) has earned an average rating of “Hold” from the six brokerages that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a strong buy rating on the company.

Separately, Erste Group Bank raised shares of Allianz from a “hold” rating to a “strong-buy” rating in a report on Monday, November 10th.

Allianz Trading Up 0.6%

Allianz stock opened at $42.95 on Tuesday. Allianz has a 12 month low of $29.83 and a 12 month high of $44.25. The stock’s 50 day simple moving average is $41.91 and its two-hundred day simple moving average is $41.19. The firm has a market cap of $165.86 billion, a PE ratio of 14.27, a P/E/G ratio of 1.20 and a beta of 0.65.

Allianz (OTCMKTS:ALIZY) last posted its earnings results on Friday, November 14th. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.09. Allianz had a net margin of 5.69% and a return on equity of 17.38%. The firm had revenue of $32.25 billion during the quarter. On average, equities research analysts forecast that Allianz will post 2.63 EPS for the current year.

About Allianz

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 to private and corporate customers.