Allianz SE (OTCMKTS:ALIZY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Allianz SE (OTCMKTS:ALIZY) have received an average recommendation of “Moderate Buy” from the six research firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company.

ALIZY has been the topic of a number of recent analyst reports. Royal Bank Of Canada assumed coverage on Allianz in a report on Tuesday, February 17th. They set a “hold” rating on the stock. Citigroup reaffirmed a “neutral” rating on shares of Allianz in a report on Friday, May 15th. Finally, The Goldman Sachs Group raised shares of Allianz from a “hold” rating to a “buy” rating in a research report on Tuesday, April 21st.

Allianz Stock Performance

Shares of ALIZY stock opened at $43.09 on Tuesday. Allianz has a 52-week low of $38.44 and a 52-week high of $46.58. The stock has a market cap of $163.92 billion, a price-to-earnings ratio of 11.97, a PEG ratio of 1.38 and a beta of 0.64. The firm’s 50-day moving average is $44.24 and its 200-day moving average is $43.85.

Allianz (OTCMKTS:ALIZY) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.02. Allianz had a return on equity of 19.92% and a net margin of 6.48%. Sell-side analysts predict that Allianz will post 3.6 EPS for the current fiscal year.

Allianz Company Profile

Allianz SE is a multinational financial services company headquartered in Munich, Germany, with a history dating back to 1890. The company is primarily known as a major global insurer and asset manager, offering a wide range of insurance and risk management products for individuals, businesses and institutional clients. Allianz’s operations encompass property and casualty insurance, life and health insurance, retirement solutions and specialty risk coverage for commercial and corporate customers.

In addition to underwriting insurance, Allianz operates substantial asset management businesses that manage investments on behalf of its insurance operations and external clients.