Allianz (FRA:ALV) Given a €222.00 Price Target at JPMorgan Chase & Co.

Allianz (FRA:ALV) received a €222.00 ($258.14) price objective from equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 7.64% from the company’s current price.

Several other research firms have also recently weighed in on ALV. Morgan Stanley set a €224.00 ($260.47) price target on Allianz and gave the company a “neutral” rating in a report on Friday, February 15th. Goldman Sachs Group set a €200.00 ($232.56) price target on Allianz and gave the company a “neutral” rating in a report on Friday, February 15th. Kepler Capital Markets set a €240.00 ($279.07) price target on Allianz and gave the company a “buy” rating in a report on Thursday, April 18th. UBS Group set a €220.00 ($255.81) price target on Allianz and gave the company a “buy” rating in a report on Monday, June 3rd. Finally, Deutsche Bank set a €215.00 ($250.00) price target on Allianz and gave the company a “buy” rating in a report on Wednesday, April 17th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and seventeen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of €218.59 ($254.18).

FRA ALV opened at €206.25 ($239.83) on Tuesday. Allianz has a 1-year low of €167.30 ($194.53) and a 1-year high of €206.80 ($240.47).

About Allianz

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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Analyst Recommendations for Allianz (FRA:ALV)

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