Allianz (OTCMKTS:ALIZY) Upgraded by Keefe, Bruyette & Woods to Moderate Buy Rating

Allianz (OTCMKTS:ALIZY) was upgraded by research analysts at Keefe, Bruyette & Woods from a “hold” rating to a “moderate buy” rating in a research note issued on Tuesday,Zacks.com reports.

Separately, Erste Group Bank upgraded shares of Allianz from a “hold” rating to a “strong-buy” rating in a report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Allianz Trading Up 2.6%

Allianz stock opened at $44.07 on Tuesday. The firm has a 50 day moving average of $41.96 and a 200 day moving average of $41.22. The firm has a market capitalization of $170.18 billion, a price-to-earnings ratio of 14.64, a P/E/G ratio of 1.20 and a beta of 0.65. Allianz has a 12-month low of $29.83 and a 12-month high of $44.30.

Allianz (OTCMKTS:ALIZY) last released its quarterly earnings data on Friday, November 14th. The company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.09. Allianz had a return on equity of 17.38% and a net margin of 5.69%.The firm had revenue of $32.25 billion during the quarter. On average, analysts predict that Allianz will post 2.63 EPS for the current year.

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 to private and corporate customers.