Royal Bank of Canada Analysts Give Allianz (FRA:ALV) a €200.00 Price Target

Royal Bank of Canada set a €200.00 ($232.56) target price on Allianz (FRA:ALV) in a research report released on Friday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

Several other brokerages have also weighed in on ALV. JPMorgan Chase & Co. set a €223.00 ($259.30) price objective on shares of Allianz and gave the company a buy rating in a report on Friday. UBS Group set a €230.00 ($267.44) price objective on shares of Allianz and gave the company a buy rating in a report on Monday, July 1st. Kepler Capital Markets set a €240.00 ($279.07) price objective on shares of Allianz and gave the company a buy rating in a report on Tuesday, May 14th. DZ Bank restated a buy rating on shares of Allianz in a report on Tuesday, June 25th. Finally, HSBC set a €234.00 ($272.09) target price on shares of Allianz and gave the stock a buy rating in a report on Monday, June 3rd. One analyst has rated the stock with a sell rating, six have given a hold rating and fifteen have given a buy rating to the company. Allianz presently has an average rating of Buy and a consensus target price of €220.95 ($256.92).

Shares of FRA ALV traded down €7.50 ($8.72) during trading on Friday, hitting €204.35 ($237.62). 2,061,367 shares of the company traded hands. The firm has a fifty day moving average of €213.56. Allianz has a fifty-two week low of €167.30 ($194.53) and a fifty-two week high of €206.80 ($240.47).

About Allianz

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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Analyst Recommendations for Allianz (FRA:ALV)

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