Allianz SE (OTCMKTS:ALIZY) Given Average Recommendation of "Reduce" by Brokerages

Key Points

• Allianz SE has received an average recommendation of "Reduce" from five research firms, with one analyst issuing a sell rating and four maintaining hold ratings.
• Despite missing EPS estimates by $0.08, Allianz reported revenues of $60.55 billion for the quarter, significantly surpassing analyst predictions.
• The company recently declared a dividend of $1.1993, reflecting an increase from the previous dividend of $1.03 and a yield of 283.0%.

Allianz SE (OTCMKTS:ALIZY - Get Free Report) has been given a consensus rating of "Reduce" by the five ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating on the company.

ALIZY has been the subject of a number of research analyst reports. Dbs Bank raised Allianz from a "strong sell" rating to a "moderate sell" rating in a report on Wednesday, May 28th. Citigroup reiterated a "neutral" rating on shares of Allianz in a research report on Friday, May 16th. Barclays cut Allianz from a "hold" rating to a "strong sell" rating in a research note on Thursday, June 12th. HSBC lowered Allianz to a "hold" rating in a report on Friday, May 16th. Finally, The Goldman Sachs Group lowered Allianz from a "buy" rating to a "neutral" rating in a report on Tuesday, May 20th.

Allianz Trading Up 2.2%

OTCMKTS ALIZY traded up $0.89 during mid-day trading on Friday, hitting $41.06. The company's stock had a trading volume of 92,209 shares, compared to its average volume of 210,899. Allianz has a 52-week low of $26.98 and a 52-week high of $42.99. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.36 and a quick ratio of 1.36. The firm has a market capitalization of $158.54 billion, a P/E ratio of 15.26, a price-to-earnings-growth ratio of 1.22 and a beta of 0.92. The stock's fifty day simple moving average is $39.91 and its two-hundred day simple moving average is $38.02.

Allianz (OTCMKTS:ALIZY - Get Free Report) last issued 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 company had revenue of $60.55 billion during the quarter, compared to analysts' expectations of $21.13 billion. Allianz had a return on equity of 16.27% and a net margin of 5.34%. Research analysts expect that Allianz 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.