Citigroup Inc. Downgrades Allianz SE (AZSEY) to Hold

Allianz SE (OTCMKTS:AZSEY) was downgraded by research analysts at Citigroup Inc. from a “buy” rating to a “hold” rating in a note issued to investors on Monday.

A number of other research firms have also commented on AZSEY. Zacks Investment Research upgraded Allianz SE from a “hold” rating to a “strong-buy” rating and set a $26.00 price objective on the stock in a research note on Wednesday, October 4th. Societe Generale upgraded Allianz SE from a “sell” rating to a “hold” rating in a research note on Thursday, September 14th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Allianz SE in a research note on Friday, October 20th. Finally, ValuEngine upgraded Allianz SE from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 26th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $26.00.

Allianz SE (AZSEY) opened at $23.19 on Monday. Allianz SE has a 52 week low of $15.61 and a 52 week high of $23.83. The company has a market capitalization of $104,604.94, a price-to-earnings ratio of 13.37 and a beta of 1.12.

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Allianz SE Company Profile

Allianz SE is a financial service company. The Company is the holding company of the Allianz Group (Allianz SE and its subsidiaries). The Company’s segments include Property-Casualty, Life/Health, Asset Management, and Corporate and Other. The Company provides a range of reinsurance coverage, primarily to Allianz insurance entities, as well as to third-party customers.

Analyst Recommendations for Allianz SE (OTCMKTS:AZSEY)

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