Allianz (FRA:ALV) has been given a €225.00 ($261.63) price target by equities researchers at Barclays in a research report issued to clients and investors on Monday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Barclays‘s price objective suggests a potential upside of 7.09% from the stock’s previous close.
Several other equities analysts also recently weighed in on ALV. Deutsche Bank set a €215.00 ($250.00) price target on Allianz and gave the company a “buy” rating in a report on Wednesday, April 17th. JPMorgan Chase & Co. set a €222.00 ($258.14) price target on Allianz and gave the company a “buy” rating in a report on Tuesday, February 5th. Credit Suisse Group set a €235.00 ($273.26) price target on Allianz and gave the company a “buy” rating in a report on Thursday, March 21st. Independent Research set a €230.00 ($267.44) price objective on Allianz and gave the stock a “buy” rating in a report on Friday, February 15th. Finally, Kepler Capital Markets set a €240.00 ($279.07) price objective on Allianz and gave the stock a “buy” rating in a report on Wednesday, January 9th. Five analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. Allianz currently has a consensus rating of “Buy” and an average target price of €218.00 ($253.49).
Shares of FRA:ALV opened at €210.10 ($244.30) on Monday. Allianz has a 1-year low of €167.30 ($194.53) and a 1-year high of €206.80 ($240.47).
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 insurance products to private and corporate customers.
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