Allianz SE (OTCMKTS:ALIZY) Receives Consensus Recommendation of “Hold” from Analysts

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

Several analysts recently commented on ALIZY shares. Royal Bank Of Canada assumed coverage on shares of Allianz in a research report on Tuesday, February 17th. They issued a “hold” rating for the company. The Goldman Sachs Group raised shares of Allianz from a “hold” rating to a “buy” rating in a research report on Tuesday, April 21st.

Allianz Stock Down 2.1%

OTCMKTS:ALIZY opened at $45.33 on Friday. The stock’s 50 day moving average price is $43.11 and its 200 day moving average price is $43.40. The company has a market capitalization of $172.44 billion, a PE ratio of 14.44, a P/E/G ratio of 1.48 and a beta of 0.65. Allianz has a 52-week low of $38.44 and a 52-week high of $46.58.

Allianz (OTCMKTS:ALIZY) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.09. The company had revenue of $33.04 billion during the quarter. Allianz had a return on equity of 17.50% and a net margin of 5.80%. As a group, sell-side analysts anticipate that Allianz will post 3.63 EPS 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.