Allianz (OTCMKTS:AZSEY) Sets New 12-Month High at $24.60

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.

Allianz (OTCMKTS:AZSEY) last posted its quarterly earnings data on Friday, August 2nd. The financial services provider reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.03. The company had revenue of $30.62 billion during the quarter. Allianz had a return on equity of 11.34% and a net margin of 5.67%. On average, equities analysts anticipate that Allianz SE will post 2.17 EPS for the current fiscal year.

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.

Read More: Example of operating income, EBIT and EBITDA

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