Allianz (OTCMKTS:AZSEY) Hits New 1-Year High at $24.60

Allianz SE (OTCMKTS:AZSEY)’s share price reached a new 52-week high on Tuesday . The company traded as high as $24.60 and last traded at $24.42, with a volume of 174403 shares. The stock had previously closed at $24.38.

A number of analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Allianz from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd. ValuEngine downgraded shares of Allianz from a “hold” rating to a “sell” rating in a report on Tuesday, August 6th. Two investment analysts have rated the stock with a sell rating and five have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $26.00.

The business’s 50 day moving average is $23.19 and its 200 day moving average is $23.22. The stock has a market capitalization of $103.65 billion, a PE ratio of 12.10 and a beta of 0.93.

Allianz (OTCMKTS:AZSEY) last released its quarterly earnings results on Friday, August 2nd. The financial services provider reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.03. Allianz had a net margin of 5.67% and a return on equity of 11.34%. The firm had revenue of $30.62 billion during the quarter. On average, equities analysts expect that Allianz SE will post 2.17 EPS for the current fiscal year.

Allianz Company Profile (OTCMKTS:AZSEY)

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.

Featured Article: How to Trade Using Analysts Ratings

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.