Allianz (ALV) Given a €228.00 Price Target by JPMorgan Chase & Co. Analysts
Allianz (FRA:ALV) received a €228.00 ($271.43) price objective from investment analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Friday. The brokerage currently has a “buy” rating on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 15.41% from the stock’s previous close.
A number of other research firms have also issued reports on ALV. Societe Generale set a €180.00 ($214.29) target price on shares of Allianz and gave the company a “neutral” rating in a report on Tuesday, November 28th. Bank of America set a €188.00 ($223.81) target price on shares of Allianz and gave the company a “sell” rating in a report on Wednesday, December 13th. Deutsche Bank set a €205.00 ($244.05) price objective on shares of Allianz and gave the stock a “buy” rating in a report on Friday, September 8th. Nord/LB set a €190.00 ($226.19) price objective on shares of Allianz and gave the stock a “neutral” rating in a report on Thursday, November 16th. Finally, Commerzbank set a €210.00 ($250.00) price objective on shares of Allianz and gave the stock a “buy” rating in a report on Thursday, September 14th. Two investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of €201.32 ($239.67).
Allianz (FRA:ALV) opened at €197.56 ($235.19) on Friday. The stock has a market cap of $86,690.00 and a PE ratio of 11.88. Allianz has a 1-year low of €154.27 ($183.65) and a 1-year high of €204.67 ($243.65).
Allianz Company Profile
Allianz SE, together with its subsidiaries, provides property-casualty and life/health insurance, and asset management products and services worldwide. The companys Property-Casualty Insurance 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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