Allianz SE (OTCMKTS:ALIZY) Receives Consensus Recommendation of "Reduce" from Analysts

Key Points

• Analysts have given Allianz SE a consensus recommendation of "Reduce", with one sell and four hold ratings from five firms covering the stock.
• Recent downgrades from several investment firms include Keefe, Bruyette & Woods and HSBC, which changed their ratings to "hold."
• Allianz reported earnings per share of $0.84 for the latest quarter, exceeding estimates and generating revenue of $30.17 billion.

Shares of Allianz SE (OTCMKTS:ALIZY - Get Free Report) have earned a consensus recommendation of "Reduce" from the five ratings firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation and four have issued a hold recommendation on the company.

A number of research firms have recently issued reports on ALIZY. Keefe, Bruyette & Woods downgraded Allianz from a "moderate buy" rating to a "hold" rating in a research report on Monday, June 9th. HSBC downgraded Allianz to a "hold" rating in a research report on Friday, May 16th. Dbs Bank upgraded Allianz from a "strong sell" rating to a "moderate sell" rating in a research note on Wednesday, May 28th. The Goldman Sachs Group downgraded Allianz from a "buy" rating to a "neutral" rating in a research report on Tuesday, May 20th. Finally, Barclays downgraded Allianz from a "hold" rating to a "strong sell" rating in a research report on Thursday, June 12th.

Allianz Price Performance

ALIZY opened at $42.57 on Wednesday. Allianz has a 12-month low of $29.74 and a 12-month high of $44.25. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 1.07. The business's fifty day simple moving average is $40.90 and its 200-day simple moving average is $39.13. The company has a market capitalization of $164.39 billion, a price-to-earnings ratio of 14.99, a PEG ratio of 1.27 and a beta of 0.92.

Allianz (OTCMKTS:ALIZY - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.04. Allianz had a return on equity of 16.58% and a net margin of 5.47%.The business had revenue of $30.17 billion for the quarter, compared to the consensus estimate of $22.53 billion. On average, equities research analysts anticipate that Allianz will post 2.63 earnings per share for the current fiscal 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.

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