Free Trial

Allianz (OTCMKTS:ALIZY) Reaches New 1-Year High - Here's What Happened

Allianz logo with Finance background
Remove Ads

Allianz SE (OTCMKTS:ALIZY - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $38.77 and last traded at $38.76, with a volume of 135586 shares changing hands. The stock had previously closed at $38.39.

Analysts Set New Price Targets

Separately, Citigroup reissued a "neutral" rating on shares of Allianz in a research report on Tuesday, March 4th.

Check Out Our Latest Report on Allianz

Allianz Price Performance

The firm has a market cap of $148.06 billion, a PE ratio of 14.63, a price-to-earnings-growth ratio of 1.26 and a beta of 1.10. The firm has a 50-day simple moving average of $34.08 and a 200 day simple moving average of $32.33.

Allianz (OTCMKTS:ALIZY - Get Free Report) last announced its quarterly earnings data on Friday, February 28th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.63 by $0.04. Allianz had a return on equity of 16.34% and a net margin of 5.54%. The business had revenue of $29.61 billion during the quarter. Sell-side analysts forecast that Allianz SE will post 2.63 earnings per share for the current fiscal year.

About Allianz

(Get Free Report)

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.

Featured Stories

Should You Invest $1,000 in Allianz Right Now?

Before you consider Allianz, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Allianz wasn't on the list.

While Allianz currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Time to Buy SoFi? Fintech’s Next Big Move
3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?
Why Palantir’s Future Just Got a Massive Boost

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads