Allianz SE (OTCMKTS:ALIZY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Allianz SE (OTCMKTS:ALIZY) have earned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of research analysts have issued reports on the stock. The Goldman Sachs Group upgraded shares of Allianz from a “hold” rating to a “buy” rating in a research report on Tuesday, April 21st. Royal Bank Of Canada assumed coverage on shares of Allianz in a research report on Tuesday, February 17th. They set a “hold” rating on the stock. Finally, Citigroup restated a “neutral” rating on shares of Allianz in a research report on Friday, May 15th.

Allianz Trading Down 1.5%

Allianz stock opened at $43.64 on Tuesday. Allianz has a 1 year low of $38.44 and a 1 year high of $46.58. The company has a market cap of $166.00 billion, a PE ratio of 12.12, a PEG ratio of 1.42 and a beta of 0.65. The company’s 50-day moving average is $43.97 and its two-hundred day moving average is $43.81.

Allianz (OTCMKTS:ALIZY) last released its earnings results on Wednesday, May 13th. The company reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.13 by $0.02. Allianz had a net margin of 6.48% and a return on equity of 19.92%. Research analysts forecast that Allianz will post 3.6 EPS for the current year.

Allianz Company Profile

Allianz SE is a multinational financial services company headquartered in Munich, Germany, with a history dating back to 1890. The company is primarily known as a major global insurer and asset manager, offering a wide range of insurance and risk management products for individuals, businesses and institutional clients. Allianz’s operations encompass property and casualty insurance, life and health insurance, retirement solutions and specialty risk coverage for commercial and corporate customers.

In addition to underwriting insurance, Allianz operates substantial asset management businesses that manage investments on behalf of its insurance operations and external clients.