Allianz (OTCMKTS:ALIZY) Stock Rating Lowered by Zacks Investment Research

Zacks Investment Research downgraded shares of Allianz (OTCMKTS:ALIZY) from a buy rating to a hold rating in a report released on Tuesday, Zacks.com reports.

According to Zacks, “Allianz SE provides property-casualty insurance, life/health insurance, and asset management products and services together with its subsidiaries. Allianz SE is based in Munich, Germany. “

ALIZY has been the subject of a number of other research reports. Barclays reaffirmed an equal weight rating on shares of Allianz in a research report on Friday, September 10th. Berenberg Bank downgraded Allianz from a buy rating to a hold rating in a research report on Monday, September 13th. Morgan Stanley reaffirmed an equal weight rating on shares of Allianz in a research report on Wednesday, August 11th. Jefferies Financial Group raised Allianz from a hold rating to a buy rating in a research report on Thursday, July 22nd. Finally, Commerzbank raised Allianz from a hold rating to a buy rating in a research report on Monday, July 19th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of Buy and a consensus target price of $26.00.

OTCMKTS ALIZY opened at $22.42 on Tuesday. Allianz has a fifty-two week low of $17.39 and a fifty-two week high of $26.85. The stock has a market cap of $92.44 billion, a price-to-earnings ratio of 9.08 and a beta of 1.24. The business has a fifty day moving average of $23.40 and a 200-day moving average of $24.99. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.26.

Allianz (OTCMKTS:ALIZY) last released its quarterly earnings results on Friday, August 6th. The company reported $0.63 earnings per share for the quarter. Allianz had a return on equity of 10.63% and a net margin of 6.08%. The company had revenue of $33.52 billion during the quarter. As a group, analysts anticipate that Allianz will post 2.52 EPS for the current year.

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 to private and corporate customers.

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Analyst Recommendations for Allianz (OTCMKTS:ALIZY)

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