Allianz (FRA:ALV) Given a €250.00 Price Target by Berenberg Bank Analysts

Allianz (FRA:ALV) has been assigned a €250.00 ($294.12) price target by research analysts at Berenberg Bank in a research report issued to clients and investors on Monday, Borsen Zeitung reports. Berenberg Bank’s price target would suggest a potential upside of 22.94% from the stock’s current price.

ALV has been the subject of a number of other reports. Morgan Stanley set a €225.00 ($264.71) price target on shares of Allianz and gave the company a “neutral” rating in a report on Wednesday, May 12th. Deutsche Bank Aktiengesellschaft set a €230.00 ($270.59) price target on shares of Allianz and gave the company a “buy” rating in a report on Thursday, May 13th. UBS Group set a €244.00 ($287.06) price target on shares of Allianz in a report on Monday. Kepler Capital Markets set a €245.00 ($288.24) price target on shares of Allianz and gave the company a “buy” rating in a report on Wednesday, May 12th. Finally, DZ Bank reissued a “buy” rating on shares of Allianz in a report on Wednesday, May 12th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Allianz currently has a consensus rating of “Buy” and an average target price of €229.75 ($270.29).

FRA:ALV opened at €203.35 ($239.24) on Monday. Allianz has a 1 year low of €167.30 ($196.82) and a 1 year high of €206.80 ($243.29). The firm has a fifty day moving average price of €214.84.

About Allianz

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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Analyst Recommendations for Allianz (FRA:ALV)

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