Allianz (OTCMKTS:ALIZY) Sets New 12-Month High – Here’s Why

Allianz SE (OTCMKTS:ALIZY) hit a new 52-week high during trading on Thursday . The company traded as high as $39.31 and last traded at $38.87, with a volume of 183579 shares. The stock had previously closed at $38.77.

Analysts Set New Price Targets

Separately, Citigroup reissued a “neutral” rating on shares of Allianz in a research note on Tuesday, March 4th.

Allianz Trading Down 8.0 %

The stock has a market capitalization of $138.05 billion, a price-to-earnings ratio of 13.65, a price-to-earnings-growth ratio of 1.26 and a beta of 0.93. The business has a 50 day simple moving average of $35.59 and a 200-day simple moving average of $32.85.

Allianz (OTCMKTS:ALIZY) last issued its quarterly earnings results on Friday, February 28th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.63 by $0.04. The firm had revenue of $29.61 billion during the quarter. Allianz had a net margin of 5.54% and a return on equity of 16.34%. Research analysts predict that Allianz SE will post 2.63 EPS for the current year.

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 to private and corporate customers.