Allianz (FRA:ALV) Given a €250.00 Price Target by Jefferies Financial Group Analysts

Allianz (FRA:ALVGet Rating) received a €250.00 ($271.74) price target from research analysts at Jefferies Financial Group in a note issued to investors on Tuesday, Borsen Zeitung reports. Jefferies Financial Group’s price objective indicates a potential upside of 13.58% from the company’s current price.

A number of other research firms also recently issued reports on ALV. UBS Group set a €233.00 ($253.26) price target on Allianz in a research note on Thursday, January 12th. Morgan Stanley set a €248.00 ($269.57) price target on Allianz in a research note on Monday, January 9th. JPMorgan Chase & Co. set a €220.00 ($239.13) price target on Allianz in a research note on Thursday, December 8th. Deutsche Bank Aktiengesellschaft set a €250.00 ($271.74) price target on Allianz in a research note on Tuesday, January 10th. Finally, Berenberg Bank set a €304.00 ($330.43) price target on Allianz in a research note on Tuesday.

Allianz Price Performance

ALV stock traded down €0.30 ($0.33) during mid-day trading on Tuesday, reaching €220.10 ($239.24). 713,294 shares of the company traded hands. Allianz has a fifty-two week low of €167.30 ($181.85) and a fifty-two week high of €206.80 ($224.78). The firm’s 50 day moving average price is €206.70 and its 200 day moving average price is €185.89.

Allianz Company Profile

(Get Rating)

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 to private and corporate customers.

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