Allianz (OTCMKTS:ALIZY) Hits New 1-Year High - What's Next?

Key Points

• Allianz SE (OTCMKTS:ALIZY) has achieved a new 52-week high of $43.04, with the stock last trading at $42.80 after a significant increase from the previous close of $41.12.
• Major changes in analyst ratings included Barclays downgrading Allianz from "hold" to "strong sell," while Citigroup maintained a "neutral" rating, resulting in a consensus rating of "Hold".
• The company's last quarterly earnings showed an EPS of $0.84, surpassing the consensus estimate of $0.78, with a return on equity of 16.27% and a net margin of 5.34%.

Allianz SE (OTCMKTS:ALIZY - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $43.04 and last traded at $42.80, with a volume of 7731 shares traded. The stock had previously closed at $41.12.

Wall Street Analyst Weigh In

ALIZY has been the subject of several research reports. Barclays cut shares of Allianz from a "hold" rating to a "strong sell" rating in a report on Thursday, June 12th. Citigroup reiterated a "neutral" rating on shares of Allianz in a research report on Friday, May 16th. Dbs Bank upgraded shares of Allianz from a "strong sell" rating to a "moderate sell" rating in a research report on Wednesday, May 28th. Keefe, Bruyette & Woods cut Allianz from a "moderate buy" rating to a "hold" rating in a report on Monday, June 9th. Finally, HSBC downgraded Allianz to a "hold" rating in a research report on Friday, May 16th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold".

Allianz Price Performance

The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.36 and a current ratio of 1.36. The stock's 50 day simple moving average is $39.95 and its two-hundred day simple moving average is $38.04. The firm has a market capitalization of $164.35 billion, a PE ratio of 15.82, a price-to-earnings-growth ratio of 1.23 and a beta of 0.92.

Allianz (OTCMKTS:ALIZY - Get Free Report) last issued its quarterly earnings results on Thursday, August 14th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.06. Allianz had a return on equity of 16.27% and a net margin of 5.34%. On average, sell-side analysts forecast that Allianz SE will post 2.63 EPS 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.

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