Expert opinions on Allianz shares: analysis, forecasts and expert ratings

Expert opinions on Allianz shares: analysis, forecasts and expert ratings

According to a report by m.ariva.de,
The Allianz share is currently losing value on the German stock market and is in the red. The most recent price was 231.50 euros, which corresponds to a minus of 0.52 percent. The share price fell by 1.20 euros and is therefore worse off than the overall market, measured by the DAX, which is currently trading at 16,007 points. However, there is no new all-time low in sight, as the share's previous low was 43.55 euros.

Allianz SE is a global service provider in the areas of insurance, pensions and wealth. With a network in more than 160 countries, Allianz offers comprehensive international services.

In terms of competition, Allianz shares are currently in the red compared to companies such as AXA, AEGON, Prudential, Talanx and Wüstenrot & Württembergische AG.

Analysts are closely monitoring Allianz shares and have set an average price target of 240 euros. European insurers' 2024 earnings outlook is stable, with upside potential in retail and reinsurance, while the life insurance segment remains unloved and undervalued.

The private bank Berenberg has left the rating for Allianz at “Buy” with a price target of 309 euros, as management has confirmed that the insurer will increase its operating profit by around 6 percent annually with low volatility.

These facts can have a significant impact on the market and the financial industry, as the development of Allianz shares and the company's positioning are important indicators of the stability and growth of the insurance sector as a whole. Investors and analysts will be keeping a close eye on this development as it could significantly influence future investment decisions.