Bank of America set a €194.00 ($239.51) target price on Allianz (FRA:ALV) in a research report sent to investors on Wednesday, March 7th. The brokerage currently has a neutral rating on the stock.
A number of other analysts have also recently issued reports on ALV. Goldman Sachs Group set a €220.00 ($271.60) price objective on shares of Allianz and gave the stock a buy rating in a research note on Thursday, March 1st. Nord/LB set a €190.00 ($234.57) price objective on shares of Allianz and gave the stock a neutral rating in a research note on Monday, February 26th. Societe Generale set a €195.00 ($240.74) price objective on shares of Allianz and gave the stock a neutral rating in a research note on Thursday, February 22nd. Macquarie set a €176.00 ($217.28) price objective on shares of Allianz and gave the stock a neutral rating in a research note on Tuesday, February 20th. Finally, JPMorgan Chase & Co. set a €240.00 ($296.30) price objective on shares of Allianz and gave the stock a buy rating in a research note on Tuesday, February 20th. Eighteen equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company currently has an average rating of Hold and an average price target of €207.59 ($256.29).
Allianz (FRA:ALV) traded up €2.78 ($3.43) during trading hours on Wednesday, reaching €188.58 ($232.81). 1,554,641 shares of the company traded hands. Allianz has a 1-year low of €167.30 ($206.54) and a 1-year high of €206.80 ($255.31). The company has a market capitalization of $82,920.00 and a price-to-earnings ratio of 12.41.
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Allianz SE, together with its subsidiaries, provides property-casualty and life/health insurance, and asset management products and services worldwide. The company's Property-Casualty Insurance 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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