Royal Bank of Canada set a €200.00 ($232.56) price target on Allianz (FRA:ALV) in a report published on Tuesday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
Several other equities research analysts have also recently issued reports on ALV. HSBC decreased their price objective on shares of Canada Goose from C$62.00 to C$55.00 and set a buy rating for the company in a research report on Monday, June 3rd. UBS Group cut shares of Telstra from a buy rating to a neutral rating in a research report on Monday, July 1st. Credit Suisse Group set a $15.00 price objective on shares of C&J Energy Services and gave the stock a hold rating in a research report on Thursday, March 21st. Nord/LB set a €0.00 ($0.00) price objective on shares of KWS Saat and gave the stock a neutral rating in a research report on Thursday, May 16th. Finally, Independent Research set a €161.00 ($187.21) price objective on shares of Volkswagen and gave the stock a neutral rating in a research report on Tuesday, June 18th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and fifteen have assigned a buy rating to the company. The company has a consensus rating of Buy and a consensus price target of €220.95 ($256.92).
Allianz stock opened at €216.55 ($251.80) on Tuesday. The stock’s fifty day moving average price is €208.48. Allianz has a 12-month low of €167.30 ($194.53) and a 12-month 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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