JPMorgan Chase & Co. Reiterates €219.00 Price Target for Allianz (ALV)

Allianz (FRA:ALV) has been given a €219.00 ($254.65) price objective by stock analysts at JPMorgan Chase & Co. in a report released on Monday. The brokerage presently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price target would suggest a potential upside of 14.94% from the stock’s current price.

Several other brokerages also recently weighed in on ALV. Deutsche Bank set a €220.00 ($255.81) price target on shares of Allianz and gave the company a “buy” rating in a research report on Tuesday, October 2nd. Credit Suisse Group set a €200.00 ($232.56) price target on shares of Allianz and gave the company a “neutral” rating in a research report on Thursday, August 9th. UBS Group set a €220.00 ($255.81) price target on shares of Allianz and gave the company a “buy” rating in a research report on Thursday, September 20th. Commerzbank set a €235.00 ($273.26) price target on shares of Allianz and gave the company a “buy” rating in a research report on Thursday, August 9th. Finally, Societe Generale set a €215.00 ($250.00) price target on shares of Allianz and gave the company a “buy” rating in a research report on Wednesday, August 29th. Thirteen analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of €210.35 ($244.59).

Shares of ALV opened at €190.54 ($221.56) on Monday. Allianz has a twelve month low of €167.30 ($194.53) and a twelve month high of €206.80 ($240.47).

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 insurance products to private and corporate customers.

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Analyst Recommendations for Allianz (FRA:ALV)

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