Allianz (OTCMKTS:AZSEY) Stock Rating Lowered by ValuEngine

Share on StockTwits

Allianz (OTCMKTS:AZSEY) was downgraded by equities researchers at ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Tuesday, ValuEngine reports.

Several other research analysts have also issued reports on AZSEY. Citigroup upgraded Allianz from a “neutral” rating to a “buy” rating in a report on Monday, June 10th. Zacks Investment Research upgraded Allianz from a “sell” rating to a “hold” rating in a report on Monday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. Allianz presently has an average rating of “Buy” and an average price target of $26.00.

Shares of OTCMKTS:AZSEY opened at $22.39 on Tuesday. The business has a 50 day moving average price of $23.90. The company has a market capitalization of $95.37 billion, a price-to-earnings ratio of 10.83 and a beta of 0.92. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.36. Allianz has a 52-week low of $19.21 and a 52-week high of $24.57.

Allianz (OTCMKTS:AZSEY) last announced its quarterly earnings results on Friday, August 2nd. The financial services provider reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.03. The business had revenue of $30.62 billion for the quarter. Allianz had a return on equity of 11.74% and a net margin of 5.67%. On average, equities research analysts expect that Allianz will post 2.22 earnings per share for the current year.

Allianz Company Profile

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.

Read More: How does the Beige Book influence monetary policy?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Allianz (OTCMKTS:AZSEY)

Receive News & Ratings for Allianz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allianz and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Family Management Corp Grows Stake in FedEx Co.
Family Management Corp Grows Stake in FedEx Co.
Blackrock Muniyield Insured Fund Inc.  Stake Lifted by Family Management Corp
Blackrock Muniyield Insured Fund Inc. Stake Lifted by Family Management Corp
Family Management Corp Grows Stock Holdings in iShares Core S&P Small-Cap ETF
Family Management Corp Grows Stock Holdings in iShares Core S&P Small-Cap ETF
Walt Disney Co  Shares Sold by Family Management Corp
Walt Disney Co Shares Sold by Family Management Corp
Family Management Corp Has $2.66 Million Position in SPDR S&P 500 ETF Trust
Family Management Corp Has $2.66 Million Position in SPDR S&P 500 ETF Trust
Pimco Total Return ETF  is Family Management Corp’s 3rd Largest Position
Pimco Total Return ETF is Family Management Corp’s 3rd Largest Position


© 2006-2019 Ticker Report