Allianz share: Barclays raises price target
Barclays Capital publishes investment recommendation for Allianz shares: current analyzes and valuations. Find out more! #BarclaysCapital #AllianzShare

Allianz share: Barclays raises price target
Barclays Capital publishes its investment recommendation for Allianz shares after conducting a comprehensive analysis. According to the results, the target price for Allianz was raised from 260 to 263 euros before the quarterly figures were announced. The classification was left at “Equal Weight”. Analyst Claudia Gaspari said in a study that she updated her estimates for the insurer, taking into account market movements and specific events at the beginning of the year. In particular, severe weather and storm damage in property and casualty insurance was below expectations.
Allianz shares are currently showing a slight decline of 0.2 percent to EUR 266.80 in XETRA trading. This represents a downside risk of 1.42 percent compared to the new price target. A total of 131,433 Allianz shares recently changed hands. Since the beginning of 2024, the share has gained 10.3 percent. Allianz is expected to present the key figures for the first quarter of 2024 on May 15, 2024.
The original study was published on May 2, 2024 at 18:19 GMT. It was first passed on at 18:25 GMT on the same day. It is important to note that information on the obligation to disclose conflicts of interest within the meaning of Section 85 Para. 1 WpHG, Art. 20 Regulation (EU) 596/2014 is available for the analyst firm mentioned.