Allianz (OTCMKTS:ALIZY) Raised to Moderate Sell at Dbs Bank

Allianz (OTCMKTS:ALIZY) was upgraded by investment analysts at Dbs Bank from a “strong sell” rating to a “moderate sell” rating in a report released on Wednesday,Zacks.com reports.

ALIZY has been the subject of several other reports. Citigroup reiterated a “neutral” rating on shares of Allianz in a research note on Friday, May 16th. The Goldman Sachs Group cut Allianz from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 20th. Finally, HSBC cut Allianz to a “hold” rating in a research note on Friday, May 16th.

Allianz Stock Up 0.4%

Shares of OTCMKTS:ALIZY opened at $39.53 on Wednesday. Allianz has a 12-month low of $26.50 and a 12-month high of $42.99. The stock has a market cap of $152.63 billion, a PE ratio of 15.09, a P/E/G ratio of 1.26 and a beta of 0.94. The business has a 50 day moving average of $39.26 and a 200-day moving average of $34.94.

Allianz (OTCMKTS:ALIZY) last issued its quarterly earnings data on Thursday, May 15th. The company reported $0.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.08). Allianz had a return on equity of 16.34% and a net margin of 5.54%. The firm had revenue of $60.55 billion for the quarter, compared to the consensus estimate of $21.13 billion. Equities research analysts expect that Allianz will post 2.63 earnings per share for the current year.

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 to private and corporate customers.