Allianz SE (OTCMKTS:ALIZY) Receives Consensus Rating of “Hold” from Brokerages

Shares of Allianz SE (OTCMKTS:ALIZY) have received an average recommendation of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company.

A number of brokerages have weighed in on ALIZY. Erste Group Bank upgraded shares of Allianz from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 10th. Royal Bank Of Canada assumed coverage on shares of Allianz in a research note on Tuesday, February 17th. They set a “hold” rating on the stock. Finally, Keefe, Bruyette & Woods upgraded shares of Allianz from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, December 9th.

Allianz Price Performance

Shares of ALIZY opened at $45.34 on Friday. Allianz has a 1 year low of $33.95 and a 1 year high of $46.24. The stock’s fifty day moving average price is $44.75 and its two-hundred day moving average price is $43.09. The firm has a market cap of $172.48 billion, a PE ratio of 15.06, a PEG ratio of 1.13 and a beta of 0.63.

Allianz (OTCMKTS:ALIZY) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.09. Allianz had a return on equity of 17.38% and a net margin of 5.69%. Sell-side analysts anticipate that Allianz will post 2.63 earnings per share for the current fiscal 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.