Allianz (OTCMKTS:ALIZY) Raised to “Strong-Buy” at The Goldman Sachs Group

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

Allianz Stock Up 0.2 %

Shares of Allianz stock opened at $32.57 on Wednesday. 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 has a 52-week low of $22.91 and a 52-week high of $32.66. The company has a market capitalization of $127.58 billion, a P/E ratio of 13.40, a P/E/G ratio of 1.15 and a beta of 1.12. The company has a 50 day moving average of $29.64 and a 200 day moving average of $28.90.

Allianz (OTCMKTS:ALIZY) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.02. The business had revenue of $27.38 billion during the quarter. Allianz had a net margin of 5.48% and a return on equity of 15.52%. As a group, research analysts forecast that Allianz will post 2.73 EPS for the current fiscal 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.