Allianz (OTCMKTS:ALIZY) Stock Rating Upgraded by The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Allianz (OTCMKTS:ALIZY) to a strong-buy rating in a research report report published on Wednesday morning, Zacks.com reports.

Allianz Trading Up 0.2 %

ALIZY opened at $32.57 on Wednesday. The firm has a market cap of $127.58 billion, a price-to-earnings ratio of 13.40, a price-to-earnings-growth ratio of 1.15 and a beta of 1.12. Allianz has a 52 week low of $22.91 and a 52 week high of $32.66. The business’s 50 day moving average is $29.64 and its two-hundred day moving average is $28.90. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.07.

Allianz (OTCMKTS:ALIZY) 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. The business had revenue of $27.38 billion for the quarter. Allianz had a net margin of 5.48% and a return on equity of 15.52%. On average, research analysts predict that Allianz will post 2.73 EPS for the current year.

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 to private and corporate customers.