In a report released today, Michael Huttner from Berenberg Bank maintained a Buy rating on Allianz (0M6S – Research Report), with a price target of €376.00. The company’s shares closed yesterday at €322.50.

According to TipRanks, Huttner is ranked #2 out of 9369 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Allianz with a €325.67 average price target, a 0.98% upside from current levels. In a report released today, Kepler Capital also initiated coverage with a Buy rating on the stock with a €380.00 price target.

Based on Allianz’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €22.63 billion and a net profit of €2.51 billion. In comparison, last year the company earned a revenue of €31.4 billion and had a net profit of €2.34 billion

Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0M6S in relation to earlier this year.