Allianz (OTCMKTS:ALIZY) Sets New 52-Week High – Should You Buy?

by · The Cerbat Gem

Allianz SE (OTCMKTS:ALIZY – Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $45.1825 and last traded at $45.03, with a volume of 48480 shares changing hands. The stock had previously closed at $44.70.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on ALIZY shares. Erste Group Bank raised Allianz from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 10th. Keefe, Bruyette & Woods raised Allianz from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Get Our Latest Report on Allianz

Allianz Stock Performance

The stock has a market capitalization of $173.62 billion, a price-to-earnings ratio of 14.94, a price-to-earnings-growth ratio of 1.25 and a beta of 0.65. The business has a fifty day simple moving average of $42.09 and a 200 day simple moving average of $41.33.

Allianz (OTCMKTS:ALIZY – Get Free Report) last announced its earnings results on Friday, November 14th. The company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.09. Allianz had a net margin of 5.69% and a return on equity of 17.38%. The company had revenue of $32.25 billion during the quarter. On average, sell-side analysts forecast that Allianz SE will post 2.63 earnings per share for the current fiscal year.

Allianz Company Profile

(Get Free Report)

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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