Allianz (FRA:ALV) PT Set at €252.00 by Nord/LB

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.

About Allianz

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.

Recommended Story: Stocks at 52 Week High

Analyst Recommendations for Allianz (FRA:ALV)

Receive News & Ratings for Allianz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allianz and related companies with MarketBeat.com's FREE daily email newsletter.