Allianz (FRA:ALV) Given a €250.00 Price Target by Jefferies Financial Group Analysts

Allianz (FRA:ALV – Get Rating) has been given a €250.00 ($271.74) price objective by research analysts at Jefferies Financial Group in a research note issued to investors on Tuesday, Borsen Zeitung reports. Jefferies Financial Group’s price objective suggests a potential upside of 13.58% from the company’s previous close.

A number of other brokerages also recently commented on ALV. UBS Group set a €233.00 ($253.26) price objective on shares of Allianz in a research report on Thursday, January 12th. Deutsche Bank Aktiengesellschaft set a €250.00 ($271.74) price target on shares of Allianz in a report on Tuesday, January 10th. Morgan Stanley set a €248.00 ($269.57) target price on shares of Allianz in a report on Monday, January 9th. The Goldman Sachs Group set a €260.00 ($282.61) target price on shares of Allianz in a research report on Monday, December 5th. Finally, JPMorgan Chase & Co. set a €220.00 ($239.13) price target on shares of Allianz in a research note on Thursday, December 8th.

Allianz Price Performance

Shares of Allianz stock traded down €0.30 ($0.33) during trading on Tuesday, hitting €220.10 ($239.24). 713,294 shares of the stock were exchanged. The firm’s 50-day moving average price is €206.70 and its 200 day moving average price is €185.89. Allianz has a 12-month low of €167.30 ($181.85) and a 12-month high of €206.80 ($224.78).

About Allianz

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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.