Allianz (ALV) Given a €220.00 Price Target at equinet
A number of other brokerages also recently weighed in on ALV. JPMorgan Chase & Co. set a €219.00 ($254.65) target price on shares of Allianz and gave the stock a buy rating in a report on Tuesday, September 25th. Deutsche Bank set a €220.00 ($255.81) price objective on shares of Allianz and gave the company a buy rating in a report on Tuesday, October 2nd. Credit Suisse Group set a €200.00 ($232.56) price objective on shares of Allianz and gave the company a neutral rating in a report on Thursday, August 9th. UBS Group set a €220.00 ($255.81) price objective on shares of Allianz and gave the company a buy rating in a report on Thursday, September 20th. Finally, Commerzbank set a €235.00 ($273.26) price objective on shares of Allianz and gave the company a buy rating in a report on Thursday, August 9th. Thirteen research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Allianz presently has an average rating of Buy and a consensus price target of €210.54 ($244.81).
ALV traded up €4.98 ($5.79) during trading on Friday, reaching €192.00 ($223.26). 2,168,274 shares of the stock were exchanged. Allianz has a twelve month low of €167.30 ($194.53) and a twelve month high of €206.80 ($240.47).
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 insurance products to private and corporate customers.
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