Allianz SE (AZSEY) Upgraded to “Strong-Buy” at Zacks Investment Research
Zacks Investment Research upgraded shares of Allianz SE (NASDAQ:AZSEY) from a hold rating to a strong-buy rating in a report issued on Wednesday morning. Zacks Investment Research currently has $26.00 target price on the stock.
According to Zacks, “Allianz AG’s principal activities are carried out through four divisions: Life/Health: Provides any of life and heath insurances; Property/Casualty: Provides property and casualty insurance, travel insurance and credit insurance; Banking: Provides a range of banking services, including lending, deposit taking, investment banking; Asset Management: Asset Management for third party investor and Asset under Management which cover the owners investments. “
Separately, Societe Generale upgraded shares of Allianz SE from a sell rating to a hold rating in a research note on Thursday, September 14th.
Shares of Allianz SE (NASDAQ:AZSEY) traded up 0.44% during trading on Wednesday, reaching $22.65. The company had a trading volume of 150,802 shares. Allianz SE has a 1-year low of $14.81 and a 1-year high of $22.67.
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Allianz SE Company Profile
Allianz SE is a financial service company. The Company is the holding company of the Allianz Group (Allianz SE and its subsidiaries). The Company’s segments include Property-Casualty, Life/Health, Asset Management, and Corporate and Other. The Company provides a range of reinsurance coverage, primarily to Allianz insurance entities, as well as to third-party customers.
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