Allianz (OTCMKTS:ALIZY) Lowered to Hold Rating by Keefe, Bruyette & Woods

Allianz (OTCMKTS:ALIZY) was downgraded by analysts at Keefe, Bruyette & Woods from a “moderate buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

ALIZY has been the topic of several other research reports. Dbs Bank raised Allianz from a “strong sell” rating to a “moderate sell” rating in a research note on Wednesday, May 28th. Citigroup reiterated a “neutral” rating on shares of Allianz in a report on Friday, May 16th. HSBC cut Allianz to a “hold” rating in a research note on Friday, May 16th. Finally, The Goldman Sachs Group cut shares of Allianz from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 20th. Four analysts have rated the stock with a hold rating, According to MarketBeat.com, Allianz presently has an average rating of “Hold”.

Allianz Stock Performance

Shares of ALIZY stock opened at $39.72 on Monday. Allianz has a 52 week low of $26.50 and a 52 week high of $42.99. The company’s 50 day moving average price is $39.52 and its two-hundred day moving average price is $35.52. The company has a market capitalization of $153.39 billion, a P/E ratio of 15.16, a price-to-earnings-growth ratio of 1.26 and a beta of 0.92.

Allianz (OTCMKTS:ALIZY) last issued its quarterly earnings data on Thursday, May 15th. The company reported $0.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.08). The company had revenue of $60.55 billion for the quarter, compared to the consensus estimate of $21.13 billion. Allianz had a return on equity of 16.34% and a net margin of 5.54%. Analysts forecast that Allianz will post 2.63 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 to private and corporate customers.