JPMorgan Chase & Co. set a €223.00 ($259.30) price target on Allianz (FRA:ALV) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other brokerages have also recently commented on ALV. DZ Bank restated a neutral rating on shares of Deutsche Lufthansa in a report on Tuesday, June 25th. Deutsche Bank increased their target price on Spirit Airlines from $75.00 to $79.00 and gave the stock a buy rating in a report on Friday, July 12th. Independent Research set a €161.00 ($187.21) target price on Volkswagen and gave the stock a neutral rating in a report on Tuesday, June 18th. Credit Suisse Group set a $15.00 target price on C&J Energy Services and gave the stock a hold rating in a report on Thursday, March 21st. Finally, Nord/LB set a €0.00 ($0.00) target price on KWS Saat and gave the stock a neutral rating in a report on Thursday, May 16th. One analyst has rated the stock with a sell rating, six have given a hold rating and fifteen have given a buy rating to the company. Allianz presently has a consensus rating of Buy and a consensus price target of €220.95 ($256.92).
Shares of ALV stock opened at €215.70 ($250.81) on Tuesday. The business’s fifty day simple moving average is €210.90. Allianz has a 52 week low of €167.30 ($194.53) and a 52 week high of €206.80 ($240.47).
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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