Kepler Capital Markets set a €265.00 ($308.14) price objective on Allianz (FRA:ALV) in a report released on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other brokerages also recently issued reports on ALV. UBS Group reissued a buy rating on shares of Allianz in a research report on Tuesday, January 7th. Deutsche Bank set a €245.00 ($284.88) price objective on shares of Allianz and gave the company a buy rating in a research report on Monday, February 3rd. Barclays set a €232.00 ($269.77) price objective on shares of Allianz and gave the company a neutral rating in a research report on Wednesday, December 4th. DZ Bank reissued a buy rating on shares of Allianz in a research report on Friday, February 21st. Finally, JPMorgan Chase & Co. set a €240.00 ($279.07) price objective on shares of Allianz and gave the company a buy rating in a research report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of €238.46 ($277.28).
Shares of Allianz stock opened at €214.65 ($249.59) on Monday. The company’s fifty day simple moving average is €222.85 and its two-hundred day simple moving average is €215.43. Allianz has a 12-month low of €167.30 ($194.53) and a 12-month 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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