Allianz (ETR:ALV) price target upped to 155.00EUR, issued a ratings update earlier today by Bernstein Research
- Updated: October 14, 2016
Reporting a potential upside of 0.12%, Bernstein Research bumped up the target of Allianz (ETR:ALV) to 155.00EUR
Boasting a price of 138.20EUR, Allianz (ETR:ALV) traded -0.89% lower on the day. With the last close up -10.66% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. The company has recorded a 50-day moving average of 105.39EUR and a 200-day moving average of 112.26EUR. 454,723 shares of the stock were exchanged, up from an average trading volume of 377,514
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With a total market value of 0 EUR, Allianz has price-earnings ratio of 15.65 with a one year low of 95.34EUR and a one year high of 129.37EUR .
In addition to Bernstein Research reporting its target price, a total of 25 firms have reported on the stock. The consensus stock price target is 114.19EUR with 3 brokers rating the company a strong buy, five equity analysts rating the company a buy, ten analysts rating the company a hold, 7 firms rating the stock a underperform, and lastly three brokerages rating the stock a sell.
Brief Synopsis On Allianz (ETR:ALV)
Allianz SE is a financial service company. The Company is the holding company of the Allianz Group. The Company operates in the field of reinsurance, providing reinsurance protection for Allianz Group companies, in particular. The Company's segments include Property-Casualty, Life/Health, Asset Management, and Corporate and Other. Its Property-Casualty segment offers a range of products and services for both private and corporate clients. Its Life/Health segment offers a range of life and health insurance products on both an individual and a group basis, including annuities, endowment and term insurance, unit-linked and investment-oriented products, as well as private health, supplemental health and long-term care insurance. Its Asset Management segment provides institutional and retail asset management products and services to third-party investors. Its Corporate and Other segment includes Holding&Treasury, Banking and Alternative Investments.
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