Allianz (FRA:ALV) Given a €215.00 Price Target by Royal Bank of Canada Analysts

Royal Bank of Canada set a €215.00 ($250.00) price objective on Allianz (FRA:ALV) in a research note published on Friday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

A number of other research analysts have also recently weighed in on the stock. UBS Group reissued a buy rating on shares of Allianz in a research note on Tuesday, January 7th. Independent Research set a €230.00 ($267.44) price objective on shares of Allianz and gave the stock a neutral rating in a research note on Monday, November 11th. Jefferies Financial Group set a €205.00 ($238.37) price objective on shares of Allianz and gave the stock a neutral rating in a research note on Tuesday, November 26th. Nord/LB set a €252.00 ($293.02) price objective on shares of Allianz and gave the stock a buy rating in a research note on Tuesday, November 12th. Finally, Credit Suisse Group set a €255.00 ($296.51) price objective on shares of Allianz and gave the stock a buy rating in a research note on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the stock. Allianz currently has an average rating of Buy and a consensus target price of €238.46 ($277.28).

Shares of ALV opened at €223.15 ($259.48) on Friday. The firm has a 50 day simple moving average of €222.97 and a 200-day simple moving average of €215.28. Allianz has a 1-year low of €167.30 ($194.53) and a 1-year high of €206.80 ($240.47).

Allianz Company Profile

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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Analyst Recommendations for Allianz (FRA:ALV)

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