Allianz (ALIZY) to Release Earnings on Thursday

Allianz (OTCMKTS:ALIZY) is expected to release its results before the market opens on Thursday, February 26th. Analysts expect Allianz to post earnings of $0.74 per share for the quarter.

Allianz Price Performance

OTCMKTS ALIZY opened at $43.92 on Thursday. The stock has a 50-day moving average of $44.79 and a two-hundred day moving average of $42.95. Allianz has a 1-year low of $33.16 and a 1-year high of $46.24. The company has a market cap of $167.07 billion, a P/E ratio of 14.59, a P/E/G ratio of 1.12 and a beta of 0.63.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Erste Group Bank raised shares of Allianz from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 10th. Royal Bank Of Canada assumed coverage on shares of Allianz in a research report on Tuesday. They set a “sector perform” rating for the company. Finally, Keefe, Bruyette & Woods upgraded shares of Allianz from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About Allianz

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.