Allianz (FRA:ALV) has been assigned a €232.00 ($269.77) target price by research analysts at Barclays in a research report issued on Wednesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Barclays‘s price target would suggest a potential upside of 8.31% from the company’s current price.
Several other equities analysts also recently issued reports on ALV. DZ Bank reissued a “buy” rating on shares of Allianz in a report on Friday, November 8th. UBS Group set a €240.00 ($279.07) price objective on shares of Allianz and gave the company a “buy” rating in a research report on Wednesday, November 27th. Royal Bank of Canada set a €200.00 ($232.56) target price on shares of Allianz and gave the company a “sell” rating in a research note on Friday, November 8th. Jefferies Financial Group set a €205.00 ($238.37) price target on shares of Allianz and gave the company a “neutral” rating in a research note on Tuesday, November 26th. Finally, Deutsche Bank set a €225.00 ($261.63) price target on shares of Allianz and gave the company a “buy” rating in a research note on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of €228.87 ($266.12).
Shares of FRA ALV opened at €214.20 ($249.07) on Wednesday. Allianz has a 1-year low of €167.30 ($194.53) and a 1-year high of €206.80 ($240.47). The business’s fifty day moving average price is €218.90 and its two-hundred day moving average price is €210.33.
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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