JPMorgan Chase & Co. set a €222.00 ($258.14) price target on Allianz (FRA:ALV) in a research report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other equities research analysts have also weighed in on the company. HSBC set a €234.00 ($272.09) price objective on Allianz and gave the company a buy rating in a report on Monday, June 3rd. UBS Group set a €220.00 ($255.81) price objective on Allianz and gave the company a buy rating in a report on Monday, June 3rd. DZ Bank reaffirmed a buy rating on shares of Allianz in a report on Friday, May 31st. Deutsche Bank set a €225.00 ($261.63) price objective on Allianz and gave the company a buy rating in a report on Monday, May 20th. Finally, Nord/LB set a €222.00 ($258.14) price objective on Allianz and gave the company a buy rating in a report on Thursday, May 16th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seventeen have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of €218.59 ($254.18).
Shares of ALV opened at €207.40 ($241.16) on Tuesday. Allianz has a twelve month low of €167.30 ($194.53) and a twelve month 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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