Allianz SE (AZSEY) Rating Increased to Hold at Zacks Investment Research
Allianz SE (NASDAQ:AZSEY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Tuesday.
According to Zacks, “Allianz AG’s principal activities are carried out through four divisions: Life/Health: Provides any of life and heath insurances; Property/Casualty: Provides property and casualty insurance, travel insurance and credit insurance; Banking: Provides a range of banking services, including lending, deposit taking, investment banking; Asset Management: Asset Management for third party investor and Asset under Management which cover the owners investments. “
Separately, equinet AG reaffirmed a “buy” rating on shares of Allianz SE in a report on Saturday, August 6th.
Allianz SE (NASDAQ:AZSEY) opened at 15.06 on Tuesday. The company’s 50-day moving average price is $14.77 and its 200-day moving average price is $15.33. Allianz SE has a 52 week low of $13.11 and a 52 week high of $18.10. The company has a market capitalization of $68.45 billion and a P/E ratio of 10.21.
About Allianz SE
Allianz SE is a financial service company. The Company is the holding company of the Allianz Group. The Company operates in the field of reinsurance, providing reinsurance protection for Allianz Group companies, in particular. The Company’s segments include Property-Casualty, Life/Health, Asset Management, and Corporate and Other.
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