Allianz (FRA:ALV) Given a €242.00 Price Target by JPMorgan Chase & Co. Analysts

JPMorgan Chase & Co. set a €242.00 ($281.40) price objective on Allianz (FRA:ALV) in a report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other research firms have also recently weighed in on ALV. Deutsche Bank set a €245.00 ($284.88) price objective on Allianz and gave the stock a buy rating in a research report on Monday, January 6th. Oddo Bhf set a €227.00 ($263.95) price objective on Allianz and gave the stock a neutral rating in a research report on Tuesday, November 12th. Jefferies Financial Group set a €205.00 ($238.37) price objective on Allianz and gave the stock a neutral rating in a research report on Tuesday, November 26th. Royal Bank of Canada set a €200.00 ($232.56) price objective on Allianz and gave the stock a sell rating in a research report on Wednesday, December 11th. Finally, DZ Bank reissued a buy rating on shares of Allianz in a research report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company’s stock. Allianz has an average rating of Hold and a consensus target price of €232.21 ($270.02).

FRA ALV opened at €220.25 ($256.10) on Tuesday. Allianz has a twelve month low of €167.30 ($194.53) and a twelve month high of €206.80 ($240.47). The stock has a 50-day simple moving average of €218.66 and a 200 day simple moving average of €213.01.

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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