Allianz SE (OTCMKTS:ALIZY) Receives Consensus Recommendation of “Hold” from Brokerages

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

Several analysts have recently issued reports on the company. Erste Group Bank raised Allianz from a “hold” rating to a “strong-buy” rating in a report on Monday, November 10th. Keefe, Bruyette & Woods raised shares of Allianz from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 9th.

Allianz Trading Down 1.3%

Shares of ALIZY stock opened at $45.42 on Friday. The stock has a market cap of $172.79 billion, a P/E ratio of 15.09, a price-to-earnings-growth ratio of 1.18 and a beta of 0.65. Allianz has a 1 year low of $29.83 and a 1 year high of $46.24. The stock has a 50 day simple moving average of $43.21 and a 200 day simple moving average of $41.92.

Allianz (OTCMKTS:ALIZY) last posted its quarterly earnings data on Friday, November 14th. The company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.09. The firm had revenue of $32.25 billion for the quarter. Allianz had a return on equity of 17.38% and a net margin of 5.69%. Analysts forecast that Allianz will post 2.63 EPS for the current year.

Allianz Company Profile

Allianz SE is a multinational financial services company headquartered in Munich, Germany, with a history dating back to 1890. The company is primarily known as a major global insurer and asset manager, offering a wide range of insurance and risk management products for individuals, businesses and institutional clients. Allianz’s operations encompass property and casualty insurance, life and health insurance, retirement solutions and specialty risk coverage for commercial and corporate customers.

In addition to underwriting insurance, Allianz operates substantial asset management businesses that manage investments on behalf of its insurance operations and external clients.