Allianz (FRA:ALV) has been assigned a €225.00 ($261.63) price target by equities research analysts at Nord/LB in a note issued to investors on Monday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Nord/LB’s price target points to a potential upside of 11.25% from the stock’s current price.
ALV has been the subject of a number of other research reports. Jefferies Financial Group set a €205.00 ($238.37) target price on Allianz and gave the company a “neutral” rating in a report on Friday, July 5th. Goldman Sachs Group set a €225.00 ($261.63) target price on Allianz and gave the company a “neutral” rating in a report on Friday. UBS Group set a €230.00 ($267.44) target price on Allianz and gave the company a “buy” rating in a report on Friday. Royal Bank of Canada set a €200.00 ($232.56) price target on Allianz and gave the company a “sell” rating in a research report on Friday. Finally, Barclays set a €225.00 ($261.63) price target on Allianz and gave the company a “buy” rating in a research report on Tuesday, May 14th. One analyst has rated the stock with a sell rating, six have issued a hold rating and fifteen have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of €221.10 ($257.09).
ALV stock traded down €2.10 ($2.44) during mid-day trading on Monday, reaching €202.25 ($235.17). 943,413 shares of the company traded hands. Allianz has a 52-week low of €167.30 ($194.53) and a 52-week high of €206.80 ($240.47). The company has a fifty day moving average price of €213.56.
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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