Allianz (ALV) Given a €230.00 Price Target by Independent Research Analysts

Allianz (FRA:ALV) has been given a €230.00 ($267.44) target price by analysts at Independent Research in a research note issued to investors on Monday. The firm presently has a “buy” rating on the stock. Independent Research’s price target would indicate a potential upside of 21.30% from the stock’s previous close.

ALV has been the subject of a number of other research reports. Barclays set a €210.00 ($244.19) target price on shares of Allianz and gave the stock a “neutral” rating in a report on Friday, October 19th. JPMorgan Chase & Co. set a €219.00 ($254.65) target price on shares of Allianz and gave the stock a “buy” rating in a report on Monday, October 1st. UBS Group set a €220.00 ($255.81) target price on shares of Allianz and gave the stock a “buy” rating in a report on Monday, August 20th. BNP Paribas set a €205.00 ($238.37) target price on shares of Allianz and gave the stock a “neutral” rating in a report on Tuesday, September 11th. Finally, Deutsche Bank set a €220.00 ($255.81) target price on shares of Allianz and gave the stock a “buy” rating in a report on Monday, October 29th. Nine investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of €213.61 ($248.38).

Shares of Allianz stock traded up €3.12 ($3.63) during midday trading on Monday, reaching €189.62 ($220.49). The company had a trading volume of 1,261,642 shares. Allianz has a 1-year low of €167.30 ($194.53) and a 1-year 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.

Featured Story: What Is An Exchange-Traded Fund (ETF)?

Analyst Recommendations for Allianz (FRA:ALV)

Receive News & Ratings for Allianz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allianz and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit