Allianz (FRA:ALV) has been assigned a €225.00 ($261.63) target price by research analysts at Deutsche Bank in a note issued to investors on Friday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s price target would indicate a potential upside of 4.09% from the stock’s current price.
Several other research analysts have also recently commented on the company. Nord/LB set a €0.00 ($0.00) price target on KWS Saat and gave the stock a “neutral” rating in a research note on Thursday, May 16th. Royal Bank of Canada reiterated a “sector perform” rating and issued a GBX 485 ($6.34) price target on shares of in a research note on Tuesday, July 9th. Credit Suisse Group set a $15.00 price target on C&J Energy Services and gave the stock a “hold” rating in a research note on Thursday, March 21st. Barclays set a $192.00 price target on Tesla and gave the stock a “sell” rating in a research note on Tuesday, May 14th. Finally, UBS Group cut Telstra from a “buy” rating to a “neutral” rating in a research note on Monday, July 1st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and fifteen have issued a buy rating to the company. Allianz presently has a consensus rating of “Buy” and an average price target of €220.95 ($256.92).
FRA:ALV opened at €216.15 ($251.34) on Friday. Allianz has a one year low of €167.30 ($194.53) and a one year high of €206.80 ($240.47). The stock has a 50-day simple moving average of €208.80.
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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