Allianz SE (OTCMKTS:ALIZY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Allianz SE (OTCMKTS:ALIZY) have earned an average rating of “Hold” from the seven ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, one has given a buy rating and one has issued a strong buy rating on the company.

Several equities analysts recently weighed in on ALIZY shares. Royal Bank Of Canada began coverage on Allianz in a research report on Tuesday, February 17th. They set a “hold” rating for the company. Keefe, Bruyette & Woods raised Allianz from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 9th.

Allianz Price Performance

Shares of ALIZY opened at $40.63 on Thursday. The company has a market capitalization of $154.56 billion, a PE ratio of 12.94, a price-to-earnings-growth ratio of 1.01 and a beta of 0.62. Allianz has a one year low of $34.12 and a one year high of $46.24. The company’s fifty day moving average price is $43.27 and its 200 day moving average price is $42.92.

Allianz (OTCMKTS:ALIZY) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.09. The company had revenue of $33.04 billion during the quarter. Allianz had a net margin of 5.80% and a return on equity of 18.31%. Analysts anticipate that Allianz will post 2.63 earnings per share for the current 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.