Allianz SE (OTCMKTS:ALIZY) Given Consensus Rating of “Hold” by Brokerages

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

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

Allianz Stock Performance

Allianz stock opened at $44.44 on Friday. Allianz has a fifty-two week low of $29.83 and a fifty-two week high of $46.24. The stock has a market cap of $169.06 billion, a P/E ratio of 14.76, a price-to-earnings-growth ratio of 1.16 and a beta of 0.64. The firm’s fifty day moving average price is $43.64 and its 200-day moving average price is $42.14.

Allianz (OTCMKTS:ALIZY) last released its earnings results on Friday, November 14th. The company reported $0.87 EPS for the quarter, beating 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 business had revenue of $32.25 billion for the quarter. On average, analysts predict that Allianz will post 2.63 earnings per share 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.