Allianz SE (OTCMKTS:AZSEY) – Equities research analysts at Jefferies Group lifted their FY2017 earnings per share (EPS) estimates for Allianz in a report released on Tuesday. Jefferies Group analyst M. Cathcart now forecasts that the financial services provider will earn $1.94 per share for the year, up from their prior forecast of $1.85. Jefferies Group also issued estimates for Allianz’s FY2018 earnings at $2.09 EPS and FY2019 earnings at $2.32 EPS.

Allianz (OTCMKTS:AZSEY) last issued its quarterly earnings results on Thursday, November 9th. The financial services provider reported $0.41 EPS for the quarter. Allianz had a net margin of 5.72% and a return on equity of 10.35%.

AZSEY has been the topic of a number of other research reports. Zacks Investment Research cut Allianz from a “buy” rating to a “hold” rating in a research note on Thursday, January 18th. ValuEngine cut Allianz from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, December 20th. Barclays raised Allianz from an “underweight” rating to a “hold” rating in a research note on Monday, December 11th. Citigroup cut Allianz from a “buy” rating to a “hold” rating in a research note on Monday, November 13th. Finally, DZ Bank reissued a “buy” rating on shares of Allianz in a research note on Friday, November 10th. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $28.00.

Shares of Allianz (OTCMKTS AZSEY) opened at $25.31 on Wednesday. Allianz has a 1 year low of $16.50 and a 1 year high of $25.65. The company has a market cap of $111,603.13, a PE ratio of 14.57 and a beta of 1.12.

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About Allianz

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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