ValuEngine Lowers Allianz (AZSEY) to Buy
ValuEngine lowered shares of Allianz (OTCMKTS:AZSEY) from a strong-buy rating to a buy rating in a report issued on Wednesday.
A number of other equities analysts have also issued reports on AZSEY. J P Morgan Chase & Co reissued a buy rating on shares of Allianz in a research report on Tuesday, August 22nd. Deutsche Bank reaffirmed a buy rating on shares of Allianz in a report on Wednesday, August 23rd. Societe Generale raised shares of Allianz from a sell rating to a hold rating in a report on Thursday, September 14th. Zacks Investment Research raised shares of Allianz from a hold rating to a strong-buy rating and set a $26.00 target price for the company in a report on Wednesday, October 4th. Finally, Royal Bank of Canada reaffirmed a sector perform rating on shares of Allianz in a report on Friday, October 20th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of $26.00.
Allianz (AZSEY) opened at $23.20 on Wednesday. Allianz has a 1 year low of $16.11 and a 1 year high of $23.83. The stock has a market cap of $104,515.03, a P/E ratio of 13.33 and a beta of 1.11.
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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