Allianz (FRA:ALV) Given a €228.00 Price Target at Barclays
Allianz (FRA:ALV) has been assigned a €228.00 ($265.12) price objective by equities research analysts at Barclays in a research note issued to investors on Friday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Barclays‘s price target would indicate a potential upside of 4.11% from the stock’s previous close.
ALV has been the subject of a number of other research reports. Independent Research set a €230.00 ($267.44) target price on shares of Allianz and gave the company a “neutral” rating in a research note on Friday, August 2nd. Credit Suisse Group set a €245.00 ($284.88) target price on shares of Allianz and gave the company a “buy” rating in a research note on Friday, September 6th. Nord/LB set a €225.00 ($261.63) target price on shares of Allianz and gave the company a “buy” rating in a research note on Monday, August 5th. DZ Bank reaffirmed a “buy” rating on shares of Allianz in a research note on Monday, September 2nd. Finally, JPMorgan Chase & Co. set a €234.00 ($272.09) target price on shares of Allianz and gave the company a “buy” rating in a research note on Friday. One research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of €224.82 ($261.42).
ALV stock opened at €219.00 ($254.65) on Friday. Allianz has a 1 year low of €167.30 ($194.53) and a 1 year high of €206.80 ($240.47). The firm has a 50-day moving average of €214.95 and a 200 day moving average of €209.22.
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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