The Goldman Sachs Group upgraded shares of Allianz (OTCMKTS:ALIZY – Free Report) to a strong-buy rating in a report released on Wednesday, Zacks.com reports.
Allianz Stock Performance
OTCMKTS ALIZY opened at $32.57 on Wednesday. The company has a fifty day moving average of $29.64 and a two-hundred day moving average of $28.89. Allianz has a 1 year low of $22.91 and a 1 year high of $32.66. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.09 and a quick ratio of 1.09. The company has a market capitalization of $127.58 billion, a PE ratio of 13.40, a P/E/G ratio of 1.15 and a beta of 1.12.
Allianz (OTCMKTS:ALIZY – Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.02. Allianz had a net margin of 5.48% and a return on equity of 15.52%. The business had revenue of $27.38 billion during the quarter. As a group, analysts expect that Allianz will post 2.73 earnings per share 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.
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