Allianz (ALIZY) to Release Quarterly Earnings on Thursday

Allianz (OTCMKTS:ALIZY) will likely be announcing its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of $0.74 per share for the quarter.

Allianz Price Performance

OTCMKTS:ALIZY opened at $44.68 on Wednesday. Allianz has a 1-year low of $33.95 and a 1-year high of $46.24. The company has a 50-day moving average of $44.75 and a 200 day moving average of $43.06. The firm has a market cap of $169.97 billion, a PE ratio of 14.84, a price-to-earnings-growth ratio of 1.12 and a beta of 0.63.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on ALIZY shares. Keefe, Bruyette & Woods upgraded shares of Allianz from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, December 9th. Erste Group Bank upgraded Allianz from a “hold” rating to a “strong-buy” rating in a report on Monday, November 10th. Finally, Royal Bank Of Canada initiated coverage on Allianz in a research report on Tuesday, February 17th. They issued a “hold” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

About Allianz

Allianz SE is a multinational financial services company headquartered in Munich, Germany, with a history dating back to 1890. The company is primarily known as a major global insurer and asset manager, offering a wide range of insurance and risk management products for individuals, businesses and institutional clients. Allianz’s operations encompass property and casualty insurance, life and health insurance, retirement solutions and specialty risk coverage for commercial and corporate customers.

In addition to underwriting insurance, Allianz operates substantial asset management businesses that manage investments on behalf of its insurance operations and external clients.