Allianz SE (OTCMKTS:ALIZY) Given Average Recommendation of “Hold” by Analysts

Allianz SE (OTCMKTS:ALIZY) has been assigned an average recommendation of “Hold” from the seven analysts that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company.

A number of equities research analysts have weighed in on ALIZY shares. The Goldman Sachs Group upgraded shares of Allianz from a “hold” rating to a “buy” rating in a report on Tuesday, April 21st. Royal Bank Of Canada initiated coverage on shares of Allianz in a report on Tuesday, February 17th. They set a “hold” rating on the stock.

Allianz Stock Performance

Shares of ALIZY opened at $44.06 on Friday. The stock has a market cap of $167.61 billion, a PE ratio of 12.24, a price-to-earnings-growth ratio of 1.39 and a beta of 0.65. Allianz has a fifty-two week low of $38.44 and a fifty-two week high of $46.58. The firm’s 50-day simple moving average is $43.11 and its two-hundred day simple moving average is $43.51.

Allianz (OTCMKTS:ALIZY) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.02. Allianz had a net margin of 6.48% and a return on equity of 19.92%. Equities research analysts predict that Allianz will post 3.64 EPS for the current year.

About Allianz

Allianz SE is a multinational financial services company headquartered in Munich, Germany, with a history dating back to 1890. The company is primarily known as a major global insurer and asset manager, offering a wide range of insurance and risk management products for individuals, businesses and institutional clients. Allianz’s operations encompass property and casualty insurance, life and health insurance, retirement solutions and specialty risk coverage for commercial and corporate customers.

In addition to underwriting insurance, Allianz operates substantial asset management businesses that manage investments on behalf of its insurance operations and external clients.