Shares of Allianz SE (OTCMKTS:ALIZY – Get Free Report) saw unusually-high trading volume on Friday . Approximately 767,904 shares traded hands during mid-day trading, an increase of 204% from the previous session’s volume of 252,996 shares.The stock last traded at $51.24 and had previously closed at $50.92.
Analyst Ratings Changes
Several analysts have recently issued reports on the company. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Allianz in a report on Monday, August 10th. Citigroup restated a “neutral” rating on shares of Allianz in a report on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on Allianz
Allianz Stock Performance
Allianz (OTCMKTS:ALIZY – Get Free Report) last released its quarterly earnings data on Friday, August 7th. The company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.16). Allianz had a net margin of 6.31% and a return on equity of 18.33%. The company had revenue of $23.01 billion during the quarter, compared to analysts’ expectations of $46.70 billion. As a group, equities analysts anticipate that Allianz SE will post 3.57 EPS for the current fiscal year.
About Allianz
Allianz SE is a Germany-based financial services company that provides insurance and asset-management products to individuals, businesses and institutional clients. Its insurance operations include property and casualty coverage, life insurance, health insurance, retirement solutions and assistance services.
The company serves customers through a global network of subsidiaries and operating businesses across Europe, North America, Asia-Pacific and other international markets. Allianz Partners provides travel, roadside, health and other assistance services, while the group’s asset-management activities include investment management for retail and institutional clients through businesses such as PIMCO and Allianz Global Investors.
Founded in Berlin in 1890, Allianz has developed into one of the world’s major insurance groups.
Further Reading
- Five stocks we like better than Allianz
- Kroger’s Textbook Entry for Buy-and-Hold Investors
- AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window
- Amgen Drops 10% on a Trial It Didn’t Even Run
- Oracle’s AI Spending Is Still Huge, But the Payoff Is Starting to Show in Earnings
Receive News & Ratings for Allianz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allianz and related companies with MarketBeat.com's FREE daily email newsletter.
