Allianz (FRA:ALV) has been given a €252.00 ($293.02) target price by equities research analysts at Nord/LB in a report issued on Thursday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Nord/LB’s price target would suggest a potential upside of 23.26% from the company’s current price.
ALV has been the subject of several other research reports. UBS Group set a €255.00 ($296.51) price target on Allianz and gave the stock a “buy” rating in a research note on Monday. Independent Research set a €250.00 ($290.70) price target on Allianz and gave the stock a “neutral” rating in a research note on Monday. Kepler Capital Markets set a €265.00 ($308.14) price target on Allianz and gave the stock a “buy” rating in a research note on Monday. Deutsche Bank set a €245.00 ($284.88) price target on Allianz and gave the stock a “buy” rating in a research note on Monday, February 3rd. Finally, Goldman Sachs Group set a €225.00 ($261.63) price target on Allianz and gave the stock a “neutral” rating in a research note on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company. Allianz presently has an average rating of “Buy” and an average price target of €238.46 ($277.28).
Shares of FRA:ALV traded down €10.20 ($11.86) during midday trading on Thursday, hitting €204.45 ($237.73). 2,925,199 shares of the stock were exchanged. Allianz has a twelve month low of €167.30 ($194.53) and a twelve month high of €206.80 ($240.47). The company has a 50 day moving average price of €222.85 and a 200-day moving average price of €215.43.
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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