Allianz SE (OTCMKTS:ALIZY – Get Rating) – Equities researchers at Jefferies Financial Group boosted their FY2022 EPS estimates for shares of Allianz in a report issued on Tuesday, November 22nd. Jefferies Financial Group analyst P. Kett now expects that the company will earn $1.66 per share for the year, up from their prior estimate of $1.61. The consensus estimate for Allianz’s current full-year earnings is $1.65 per share.
A number of other research analysts have also issued reports on the stock. JPMorgan Chase & Co. upped their price target on shares of Allianz from €210.00 ($214.29) to €220.00 ($224.49) and gave the company a “neutral” rating in a research note on Friday, November 11th. Societe Generale lowered shares of Allianz from a “buy” rating to a “hold” rating in a research note on Tuesday, September 13th. Morgan Stanley lowered shares of Allianz from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, September 7th. Barclays cut their price objective on shares of Allianz from €214.00 ($218.37) to €205.00 ($209.18) and set an “equal weight” rating on the stock in a research note on Friday, October 21st. Finally, Berenberg Bank increased their price objective on shares of Allianz from €267.00 ($272.45) to €271.00 ($276.53) and gave the stock a “buy” rating in a research note on Monday, November 14th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $238.20.
Allianz Trading Up 0.4 %
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 to private and corporate customers.
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