UBS Group set a €220.00 ($255.81) price objective on Allianz (FRA:ALV) in a research note published on Friday morning, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.
Several other equities analysts have also recently weighed in on the company. Barclays set a €210.00 ($244.19) price objective on Allianz and gave the company a neutral rating in a research note on Friday, September 7th. JPMorgan Chase & Co. set a €219.00 ($254.65) target price on Allianz and gave the company a buy rating in a research report on Monday, October 1st. BNP Paribas set a €205.00 ($238.37) target price on Allianz and gave the company a neutral rating in a research report on Tuesday, September 11th. Deutsche Bank set a €220.00 ($255.81) target price on Allianz and gave the company a buy rating in a research report on Tuesday, October 2nd. Finally, equinet set a €200.00 ($232.56) target price on Allianz and gave the company a neutral rating in a research report on Friday, July 13th. Thirteen equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Allianz presently has an average rating of Buy and a consensus price target of €210.54 ($244.81).
FRA:ALV traded up €4.98 ($5.79) during trading hours on Friday, hitting €192.00 ($223.26). 2,168,274 shares of the company traded hands. Allianz has a one year low of €167.30 ($194.53) and a one year 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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