Allianz (OTCMKTS:ALIZY) Rating Lowered to Hold at Keefe, Bruyette & Woods

Allianz (OTCMKTS:ALIZY - Get Free Report) was downgraded by equities research analysts at Keefe, Bruyette & Woods from a "moderate buy" rating to a "hold" rating in a report released on Monday,Zacks.com reports.

ALIZY has been the topic of a number of other research reports. HSBC lowered Allianz to a "hold" rating in a research note on Friday, May 16th. The Goldman Sachs Group cut shares of Allianz from a "buy" rating to a "neutral" rating in a research report on Tuesday, May 20th. Citigroup reissued a "neutral" rating on shares of Allianz in a report on Friday, May 16th. Finally, Dbs Bank raised shares of Allianz from a "strong sell" rating to a "moderate sell" rating in a research note on Wednesday, May 28th. Four analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold".

Allianz Trading Down 0.6%

ALIZY traded down $0.22 on Monday, hitting $39.50. 182,606 shares of the company's stock were exchanged, compared to its average volume of 200,132. Allianz has a fifty-two week low of $26.50 and a fifty-two week high of $42.99. The stock has a market cap of $152.54 billion, a price-to-earnings ratio of 15.08, a P/E/G ratio of 1.26 and a beta of 0.92. The firm has a 50-day moving average price of $39.59 and a 200-day moving average price of $35.55.

Allianz (OTCMKTS:ALIZY - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported $0.69 earnings per share for the quarter, missing analysts' consensus estimates of $0.77 by ($0.08). The business had revenue of $60.55 billion for the quarter, compared to analyst estimates of $21.13 billion. Allianz had a return on equity of 16.34% and a net margin of 5.54%. On average, equities analysts predict that Allianz will post 2.63 EPS for the current year.

About Allianz

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.