Allianz (OTCMKTS:ALIZY) Sets New 12-Month High – Should You Buy?

Allianz SE (OTCMKTS:ALIZY)’s stock price reached a new 52-week high on Monday . The stock traded as high as $45.74 and last traded at $45.74, with a volume of 1274 shares trading hands. The stock had previously closed at $45.05.

Analyst Ratings Changes

A number of research analysts have commented on the company. Keefe, Bruyette & Woods upgraded Allianz from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, December 9th. Erste Group Bank raised Allianz from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Allianz has a consensus rating of “Hold”.

Allianz Stock Performance

The company has a market capitalization of $177.98 billion, a price-to-earnings ratio of 15.31, a price-to-earnings-growth ratio of 1.28 and a beta of 0.65. The company’s fifty day simple moving average is $42.46 and its two-hundred day simple moving average is $41.59.

Allianz (OTCMKTS:ALIZY) last announced its quarterly earnings data on Friday, November 14th. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.09. The firm had revenue of $32.25 billion during the quarter. Allianz had a return on equity of 17.38% and a net margin of 5.69%. Sell-side analysts anticipate that Allianz SE will post 2.63 EPS for the current year.

About Allianz

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.