Goldman Sachs analyst Andrew Baker initiated coverage of Allianz with a Buy rating and EUR 349 price target. The company’s asset management business is positioned to benefit from policy rate easing, and its retail property and casualty “bias creates upside risks,” the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALIZY: