JPMorgan Chase & Co. set a €228.00 ($268.24) price objective on Allianz (FRA:ALV) in a research report released on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
ALV has been the subject of a number of other research reports. Kepler Capital Markets set a €245.00 ($288.24) price objective on shares of Allianz and gave the company a buy rating in a research report on Wednesday. Barclays set a €225.00 ($264.71) target price on shares of Allianz and gave the stock a neutral rating in a research report on Wednesday, April 21st. DZ Bank restated a buy rating on shares of Allianz in a research report on Monday, March 29th. Berenberg Bank set a €250.00 ($294.12) target price on shares of Allianz and gave the stock a buy rating in a research report on Friday, April 23rd. Finally, Jefferies Financial Group set a €205.00 ($241.18) target price on shares of Allianz and gave the stock a neutral rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of Buy and an average price target of €219.85 ($258.64).
Shares of FRA:ALV opened at €217.30 ($255.65) on Wednesday. Allianz has a fifty-two week low of €167.30 ($196.82) and a fifty-two week high of €206.80 ($243.29). The firm has a 50-day simple moving average of €216.62 and a 200 day simple moving average of €201.15.
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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