Allianz (FRA:ALV) has been given a €210.00 ($259.26) price target by Independent Research in a report released on Friday. The firm presently has a “neutral” rating on the stock. Independent Research’s price objective suggests a potential upside of 9.96% from the company’s previous close.
Several other analysts have also recently issued reports on ALV. Royal Bank of Canada set a €200.00 ($246.91) target price on shares of Allianz and gave the stock a “neutral” rating in a research note on Friday, October 20th. Barclays set a €178.00 ($219.75) target price on shares of Allianz and gave the stock a “sell” rating in a research note on Wednesday, October 25th. Deutsche Bank set a €205.00 ($253.09) target price on shares of Allianz and gave the stock a “buy” rating in a research note on Monday, October 30th. Goldman Sachs Group set a €217.00 ($267.90) target price on shares of Allianz and gave the stock a “buy” rating in a research note on Tuesday, October 31st. Finally, JPMorgan Chase & Co. set a €228.00 ($281.48) target price on shares of Allianz and gave the stock a “buy” rating in a research note on Tuesday, October 31st. Two research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and ten have issued a buy rating to the stock. Allianz currently has a consensus rating of “Hold” and an average price target of €206.37 ($254.78).
Shares of Allianz (FRA ALV) opened at €190.98 ($235.78) on Friday. Allianz has a 52 week low of €157.00 ($193.83) and a 52 week high of €206.80 ($255.31). The stock has a market cap of $83,620.00 and a P/E ratio of 11.48.
Allianz SE, together with its subsidiaries, provides property-casualty and life/health insurance, and asset management products and services worldwide. The company's 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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