Zacks Investment Research Upgrades Allianz (AZSEY) to “Buy”
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.
ILLEGAL ACTIVITY NOTICE: This news story was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this news story on another domain, it was copied illegally and republished in violation of international copyright and trademark legislation. The legal version of this news story can be read at https://www.thecerbatgem.com/2018/01/13/zacks-investment-research-upgrades-allianz-azsey-to-buy.html.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Stock 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 stocks with our FREE daily email newsletter.