Allianz SE (OTCMKTS:ALIZY – Get Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 275,300 shares, a growth of 211.8% from the August 15th total of 88,300 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 505,000 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 505,000 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the company’s shares are short sold.
Analysts Set New Price Targets
ALIZY has been the subject of several analyst reports. Keefe, Bruyette & Woods lowered Allianz from a “moderate buy” rating to a “hold” rating in a research report on Monday, June 9th. Dbs Bank upgraded Allianz from a “strong sell” rating to a “moderate sell” rating in a research report on Wednesday, May 28th. Barclays lowered Allianz from a “hold” rating to a “strong sell” rating in a research report on Thursday, June 12th. Finally, The Goldman Sachs Group lowered Allianz from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 20th. Four research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Reduce”.
Read Our Latest Stock Analysis on ALIZY
Allianz Stock Up 0.4%
Allianz (OTCMKTS:ALIZY – Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.04. Allianz had a return on equity of 16.58% and a net margin of 5.47%.The business had revenue of $30.17 billion for the quarter, compared to analysts’ expectations of $22.53 billion. As a group, equities analysts predict that Allianz will post 2.63 EPS for the current fiscal 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.
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