Societe Generale upgraded shares of Allianz SE (NASDAQ:AZSEY) from a sell rating to a hold rating in a research note released on Thursday morning.

Shares of Allianz SE (NASDAQ:AZSEY) traded up 0.41% during mid-day trading on Thursday, reaching $22.11. 118,969 shares of the company’s stock were exchanged. The stock has a 50 day moving average price of $21.59 and a 200 day moving average price of $19.71. Allianz SE has a 52 week low of $14.39 and a 52 week high of $22.11. The stock has a market cap of $99.00 billion and a price-to-earnings ratio of 11.24.

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About Allianz SE

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.

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