UBS Group set a €230.00 ($273.81) target price on Allianz (FRA:ALV) in a report released on Tuesday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
A number of other analysts have also commented on the company. Royal Bank of Canada set a €205.00 ($244.05) price objective on Allianz and gave the stock a neutral rating in a report on Tuesday. Citigroup set a €214.98 ($255.93) price objective on Allianz and gave the stock a neutral rating in a report on Friday, January 12th. JPMorgan Chase & Co. set a €239.00 ($284.52) target price on Allianz and gave the company a buy rating in a report on Thursday, January 11th. Kepler Capital Markets set a €230.00 ($273.81) target price on Allianz and gave the company a buy rating in a report on Friday, January 5th. Finally, Deutsche Bank set a €220.00 ($261.90) target price on Allianz and gave the company a buy rating in a report on Wednesday, January 3rd. Two analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of Hold and an average target price of €203.71 ($242.52).
Shares of Allianz (FRA ALV) traded up €2.05 ($2.44) on Tuesday, reaching €205.45 ($244.58). The company’s stock had a trading volume of 1,567,307 shares. The company has a market cap of $89,660.00 and a price-to-earnings ratio of 12.35. Allianz has a 1 year low of €154.27 ($183.65) and a 1 year high of €204.67 ($243.65).
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Allianz Company Profile
Allianz SE, together with its subsidiaries, provides property-casualty and life/health insurance, and asset management products and services worldwide. The companys Property-Casualty Insurance segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel insurance products to private and corporate customers.
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