Allianz (FRA:ALV) has been assigned a €225.00 ($261.63) target price by Deutsche Bank in a note issued to investors on Monday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s price objective would suggest a potential upside of 10.38% from the company’s previous close.
A number of other equities research analysts also recently commented on ALV. JPMorgan Chase & Co. set a €222.00 ($258.14) target price on shares of Allianz and gave the stock a “buy” rating in a research report on Tuesday, April 16th. HSBC set a €225.00 ($261.63) target price on shares of Allianz and gave the stock a “buy” rating in a research report on Wednesday, January 23rd. Credit Suisse Group set a €235.00 ($273.26) target price on shares of Allianz and gave the stock a “buy” rating in a research report on Thursday, March 21st. DZ Bank reaffirmed a “buy” rating on shares of Allianz in a research report on Friday, February 15th. Finally, UBS Group set a €220.00 ($255.81) target price on shares of Allianz and gave the stock a “buy” rating in a research report on Tuesday, May 14th. One analyst has rated the stock with a sell rating, five have given a hold rating and seventeen have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of €218.18 ($253.70).
Shares of FRA ALV opened at €203.85 ($237.03) on Monday. Allianz has a twelve month low of €167.30 ($194.53) and a twelve 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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