Zacks Investment Research upgraded shares of Allianz (OTCMKTS:AZSEY) from a hold rating to a buy rating in a report issued on Tuesday. They currently have $27.00 price target on the financial services provider’s stock.

According to Zacks, “Allianz AG’s principal activities are carried out through four divisions: Life/Health: Provides any of life and heath insurances; Property/Casualty: Provides property and casualty insurance, travel insurance and credit insurance; Banking: Provides a range of banking services, including lending, deposit taking, investment banking; Asset Management: Asset Management for third party investor and Asset under Management which cover the owners investments. “

Several other brokerages have also recently issued reports on AZSEY. Barclays upgraded shares of Allianz from an underweight rating to a hold rating in a research report on Monday, December 11th. Deutsche Bank reiterated a buy rating on shares of Allianz in a research report on Monday, November 6th. DZ Bank reiterated a buy rating on shares of Allianz in a research report on Friday, November 10th. ValuEngine cut shares of Allianz from a strong-buy rating to a buy rating in a research report on Wednesday, December 20th. Finally, Societe Generale upgraded shares of Allianz from a sell rating to a hold rating in a research report on Thursday, September 14th. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of Buy and an average price target of $27.00.

Allianz (OTCMKTS AZSEY) opened at $24.64 on Tuesday. Allianz has a 52-week low of $16.50 and a 52-week high of $24.27. The stock has a market cap of $106,738.38, a PE ratio of 14.16 and a beta of 1.12.

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Allianz Company Profile

Allianz SE is a financial service company. The Company is the holding company of the Allianz Group (Allianz SE and its subsidiaries). The Company’s segments include Property-Casualty, Life/Health, Asset Management, and Corporate and Other. The Company provides a range of reinsurance coverage, primarily to Allianz insurance entities, as well as to third-party customers.

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Analyst Recommendations for Allianz (OTCMKTS:AZSEY)

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