Shares of Allianz SE (OTCMKTS:AZSEY) reached a new 52-week high on Tuesday . The stock traded as high as $24.60 and last traded at $24.42, with a volume of 174403 shares traded. The stock had previously closed at $24.38.
Several research analysts have recently weighed in on the company. Zacks Investment Research cut Allianz from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd. ValuEngine cut Allianz from a “hold” rating to a “sell” rating in a research report on Tuesday, August 6th. Two equities research analysts have rated the stock with a sell rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $26.00.
The company has a market capitalization of $103.27 billion, a price-to-earnings ratio of 11.97 and a beta of 0.93. The firm has a 50-day moving average price of $23.09 and a two-hundred day moving average price of $23.20.
About Allianz (OTCMKTS:AZSEY)
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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