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

Key Points

• Allianz SE has received a consensus recommendation of "Reduce" from five rating firms, with one sell and four hold ratings.
• Analysts from major firms including Goldman Sachs and HSBC have downgraded Allianz's stock from buy or strong sell ratings to hold or neutral ratings.
• Allianz's stock currently shows a 0.9% decline and has experienced a 1-year price fluctuation between $29.74 and $44.25.

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

A number of research firms recently weighed in on ALIZY. The Goldman Sachs Group lowered shares of Allianz from a "buy" rating to a "neutral" rating in a research report on Tuesday, May 20th. HSBC lowered shares of Allianz to a "hold" rating in a research report on Friday, May 16th. Keefe, Bruyette & Woods lowered shares of Allianz from a "moderate buy" rating to a "hold" rating in a research report on Monday, June 9th. Dbs Bank raised shares of Allianz from a "strong sell" rating to a "moderate sell" rating in a research report on Wednesday, May 28th. Finally, Citigroup reissued a "neutral" rating on shares of Allianz in a research report on Friday, May 16th.

Allianz Stock Down 0.9%

Allianz stock opened at $42.57 on Wednesday. Allianz has a 1-year low of $29.74 and a 1-year high of $44.25. The firm has a market capitalization of $164.39 billion, a price-to-earnings ratio of 14.99, a price-to-earnings-growth ratio of 1.27 and a beta of 0.92. The firm's fifty day moving average price is $40.90 and its two-hundred day moving average price is $39.13. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 1.07.

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