Allianz (AZSEY) Downgraded by Zacks Investment Research

Allianz (OTCMKTS:AZSEY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Monday, January 8th.

According to Zacks, “Allianz AG’s principal activities are carried out through four divisions: Life/Health: Provides any of life and heath insurances; Property/Casualty: Provides property and casualty insurance, travel insurance and credit insurance; Banking: Provides a range of banking services, including lending, deposit taking, investment banking; Asset Management: Asset Management for third party investor and Asset under Management which cover the owners investments. “

AZSEY has been the subject of several other research reports. Royal Bank of Canada reissued a “neutral” rating on shares of Allianz in a report on Monday, November 6th. Citigroup downgraded shares of Allianz from a “buy” rating to a “hold” rating in a report on Monday, November 13th. Societe Generale raised shares of Allianz from a “sell” rating to a “hold” rating in a report on Thursday, September 14th. Barclays restated a “sell” rating on shares of Allianz in a research report on Monday, November 6th. Finally, ValuEngine upgraded shares of Allianz from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 26th. Six investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Allianz has an average rating of “Buy” and an average price target of $28.00.

Allianz (OTCMKTS:AZSEY) opened at $24.89 on Monday. The firm has a market cap of $108,653.46, a P/E ratio of 14.30 and a beta of 1.12. Allianz has a 1-year low of $16.50 and a 1-year high of $24.79.

Allianz (OTCMKTS:AZSEY) last issued its quarterly earnings data on Thursday, November 9th. The financial services provider reported $0.41 earnings per share (EPS) for the quarter. Allianz had a net margin of 5.72% and a return on equity of 10.35%. analysts forecast that Allianz will post 1.85 EPS for the current year.

TRADEMARK VIOLATION WARNING: “Allianz (AZSEY) Downgraded by Zacks Investment Research” was first posted by BBNS and is the sole property of of BBNS. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright legislation. The correct version of this news story can be read at https://baseballnewssource.com/markets/allianz-azsey-cut-to-hold-at-zacks-investment-research/1824415.html.

Allianz Company Profile

Allianz SE is a financial service company. The Company is the holding company of the Allianz Group (Allianz SE and its subsidiaries). The Company’s segments include Property-Casualty, Life/Health, Asset Management, and Corporate and Other. The Company provides a range of reinsurance coverage, primarily to Allianz insurance entities, as well as to third-party customers.

Get a free copy of the Zacks research report on Allianz (AZSEY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for Allianz (OTCMKTS:AZSEY)

Receive News & Ratings for Allianz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allianz and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Rumor: Milwaukee Brewers Offer Yu Darvish Contract
Rumor: Milwaukee Brewers Offer Yu Darvish Contract
Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Houston Astros Add Starter to Rotation
Houston Astros Add Starter to Rotation
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Justin Morneau Former Star With Twins and AL MVP Retires
Justin Morneau Former Star With Twins and AL MVP Retires


Leave a Reply

 
© 2006-2018 BBNS.