Allianz (ALV) PT Set at €222.00 by JPMorgan Chase & Co.

Allianz (FRA:ALV) has been given a €222.00 ($258.14) price target by investment analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 12.31% from the company’s current price.

Several other brokerages have also commented on ALV. Morgan Stanley set a €224.00 ($260.47) price objective on shares of Allianz and gave the stock a “neutral” rating in a report on Friday, February 15th. HSBC set a €225.00 ($261.63) price objective on shares of Allianz and gave the stock a “buy” rating in a report on Wednesday, January 23rd. Goldman Sachs Group set a €200.00 ($232.56) price objective on shares of Allianz and gave the stock a “neutral” rating in a report on Friday, February 15th. Kepler Capital Markets set a €240.00 ($279.07) price objective on shares of Allianz and gave the stock a “buy” rating in a report on Thursday, April 18th. Finally, Deutsche Bank set a €215.00 ($250.00) price objective on shares of Allianz and gave the stock a “buy” rating in a report on Wednesday, April 17th. Five research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of €218.00 ($253.49).

Shares of FRA ALV opened at €197.66 ($229.84) on Tuesday. Allianz has a 12 month low of €167.30 ($194.53) and a 12 month high of €206.80 ($240.47).

About Allianz

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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Analyst Recommendations for Allianz (FRA:ALV)

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