Allianz (FRA:ALV) Given a €234.00 Price Target by JPMorgan Chase & Co. Analysts

JPMorgan Chase & Co. set a €234.00 ($272.09) target price on Allianz (FRA:ALV) in a report released on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other brokerages have also commented on ALV. Barclays restated a buy rating on shares of Allianz in a research report on Wednesday, September 11th. HSBC set a €234.00 ($272.09) price objective on Allianz and gave the stock a buy rating in a research report on Monday, June 3rd. Independent Research set a €230.00 ($267.44) price objective on Allianz and gave the stock a neutral rating in a research report on Friday, August 2nd. DZ Bank restated a buy rating on shares of Allianz in a research report on Monday, September 2nd. Finally, Goldman Sachs Group set a €225.00 ($261.63) price objective on Allianz and gave the stock a neutral rating in a research report on Friday, August 2nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and fifteen have assigned a buy rating to the stock. Allianz presently has an average rating of Buy and a consensus target price of €223.63 ($260.04).

Shares of FRA ALV opened at €211.80 ($246.28) on Monday. Allianz has a one year low of €167.30 ($194.53) and a one year high of €206.80 ($240.47). The business has a 50-day moving average price of €202.78 and a two-hundred day moving average price of €205.99.

Allianz Company Profile

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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