A report released today by Bankhaus Lampe KG about Allianz(ETR:ALV) bumps the target price to 170EUR

August 10, 2016

Finance News

Bankhaus Lampe KG raised the target price of Allianz (ETR:ALV) to 170EUR, stating a possible upside of 0.25%,

On Wednesday August 10 2016, Norddeutsche Landesbank reported on Allianz(ETR:ALV) of “Buy” with a target price of 148EUR. At the time, this suggested an upside of 0.10%.

Showing a price of 135.90EUR, Allianz (ETR:ALV) traded 0.22% lower on the day. With the last stock price close up 4.84% relative to the 200-day moving average, compared to the S&P 500 which has raised 0.00% over the date range. Allianz has registered a 50-day moving average of 108.61EUR and two hundred day moving average of 113.41EUR. Trade volume was was down over the average, with 340,386 shares of ALV changing hands under the typical 475,373 shares.

See Graphic Below:

Allianz (ETR:ALV)

Allianz has a P/E of 17 with a one-year low of 95.34EUR and a 52 week high of 129.37EUR and has a market cap of 9.5B EUR.

A total of 25 brokers have issued a research note on the stock. Three analysts rate the stock a strong buy, five firms rate the company a buy, 10 analyts rate the company a hold, seven analysts rate the stock to underperform, and finally three analystsrate the stock as sell with a consensus target of 114.19EUR

Brief Synopsis About Allianz (ETR:ALV)

Allianz SE is a financial service company. The Company is the holding company of the Allianz Group. The Company operates in the field of reinsurance, providing reinsurance protection for Allianz Group companies, in particular. The Company’s segments include Property-Casualty, Life/Health, Asset Management, and Corporate and Other. Its Property-Casualty segment offers a range of products and services for both private and corporate clients. Its Life/Health segment offers a range of life and health insurance products on both an individual and a group basis, including annuities, endowment and term insurance, unit-linked and investment-oriented products, as well as private health, supplemental health and long-term care insurance. Its Asset Management segment provides institutional and retail asset management products and services to third-party investors. Its Corporate and Other segment includes Holding&Treasury, and Banking and Alternative Investments.

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