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

Shares of Allianz SE (OTCMKTS:ALIZY) have been assigned a consensus recommendation of “Hold” from the six brokerages that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several equities research analysts recently commented on the stock. Erste Group Bank upgraded shares of Allianz from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 10th. Keefe, Bruyette & Woods raised Allianz from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 9th.

Allianz Price Performance

ALIZY opened at $44.05 on Wednesday. Allianz has a 12 month low of $31.77 and a 12 month high of $46.24. The stock has a market capitalization of $167.57 billion, a P/E ratio of 14.63, a P/E/G ratio of 1.13 and a beta of 0.64. The business has a 50 day simple moving average of $44.22 and a 200-day simple moving average of $42.45.

Allianz (OTCMKTS:ALIZY) last issued its earnings results on Friday, November 14th. The company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.09. The company had revenue of $32.25 billion for the quarter. Allianz had a net margin of 5.69% and a return on equity of 17.38%. Research analysts anticipate that Allianz will post 2.63 EPS for the current year.

About Allianz

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.