Allianz (FRA:ALV) has been given a €222.00 ($258.14) price target by JPMorgan Chase & Co. in a research report issued on Thursday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 10.56% from the stock’s previous close.
ALV has been the topic of a number of other research reports. Deutsche Bank set a €215.00 ($250.00) price objective on Allianz and gave the stock a “buy” rating in a research note on Wednesday, January 23rd. Goldman Sachs Group set a €200.00 ($232.56) target price on Allianz and gave the company a “neutral” rating in a research report on Thursday, April 25th. UBS Group set a €220.00 ($255.81) target price on Allianz and gave the company a “buy” rating in a research report on Friday, February 1st. Barclays set a €225.00 ($261.63) target price on Allianz and gave the company a “buy” rating in a research report on Monday, January 28th. Finally, Royal Bank of Canada set a €200.00 ($232.56) target price on Allianz and gave the company a “sell” rating in a research report on Tuesday, May 14th. One analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of €218.18 ($253.70).
FRA:ALV opened at €200.80 ($233.49) on Thursday. Allianz has a 1 year low of €167.30 ($194.53) and a 1 year high of €206.80 ($240.47).
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 insurance products to private and corporate customers.
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