Goldman Sachs Group set a €200.00 ($232.56) price objective on Allianz (FRA:ALV) in a research note released on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other analysts also recently issued reports on the company. JPMorgan Chase & Co. set a €222.00 ($258.14) price target on Allianz and gave the stock a buy rating in a report on Tuesday, April 16th. UBS Group set a €220.00 ($255.81) target price on Allianz and gave the company a buy rating in a research report on Friday, April 5th. Nord/LB set a €210.00 ($244.19) target price on Allianz and gave the company a buy rating in a research report on Tuesday, February 19th. HSBC set a €225.00 ($261.63) target price on Allianz and gave the company a buy rating in a research report on Wednesday, January 23rd. Finally, Deutsche Bank set a €215.00 ($250.00) target price on Allianz and gave the company a buy rating in a research report on Wednesday, January 23rd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. Allianz currently has an average rating of Buy and a consensus price target of €217.73 ($253.17).
Shares of FRA ALV opened at €204.35 ($237.62) on Tuesday. Allianz has a 12-month low of €167.30 ($194.53) and a 12-month high of €206.80 ($240.47).
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 insurance products to private and corporate customers.
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