ValuEngine Downgrades Allianz (AZSEY) to Buy

Allianz (OTCMKTS:AZSEY) was downgraded by equities researchers at ValuEngine from a “strong-buy” rating to a “buy” rating in a research note issued on Wednesday, December 20th.

Other equities research analysts have also issued reports about the company. Societe Generale raised Allianz from a “sell” rating to a “hold” rating in a research report on Thursday, September 14th. Royal Bank of Canada reissued a “neutral” rating on shares of Allianz in a research note on Monday, November 6th. Citigroup cut Allianz from a “buy” rating to a “hold” rating in a research note on Monday, November 13th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Allianz in a research note on Tuesday, August 22nd. Finally, Barclays reaffirmed a “sell” rating on shares of Allianz in a research note on Monday, November 6th. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $27.00.

Shares of Allianz (OTCMKTS:AZSEY) traded up $0.39 during midday trading on Wednesday, reaching $24.64. The company’s stock had a trading volume of 356,700 shares, compared to its average volume of 270,845. Allianz has a 1 year low of $16.50 and a 1 year high of $24.27. The firm has a market capitalization of $106,738.38, a price-to-earnings ratio of 14.16 and a beta of 1.12.

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Allianz Company Profile

Allianz SE is a financial service company. The Company is the holding company of the Allianz Group (Allianz SE and its subsidiaries). The Company’s segments include Property-Casualty, Life/Health, Asset Management, and Corporate and Other. The Company provides a range of reinsurance coverage, primarily to Allianz insurance entities, as well as to third-party customers.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Allianz (OTCMKTS:AZSEY)

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