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    ALV   DE0008404005

ALLIANZ SE

(ALV)
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Real-time Estimate Quote. Real-time Estimate Tradegate - 01/17 04:00:00 pm
226.45 EUR   -0.24%
06:26aALLIANZ SE : Receives a Buy rating from HSBC
MD
04:26aAM Best Withdraws Credit Ratings of Associated Indemnity Corporation
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01/14Capitaland Officially Launches 79 Robinson Road
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Allianz Invests EUR1 Billion in Austrian Fibre-Optic Rollout

11/26/2021 | 05:11am EST

By Ed Frankl

Allianz SE said Friday that it would invest 1 billion euros ($1.12 billion) in fibre-optic network rollout in Austria.

The German insurer said its subsidiary Allianz Capital Partners entered into an agreement with infrastructure company Oesterreichische Glasfaser-Infrastrukturgesellschaft to connect up to 1 million households to the fibre-optic network by 2030.

Allianz has been involved in deploying fibre infrastructure since 2019, it said.

Write to Ed Frankl at edward.frankl@dowjones.com

(END) Dow Jones Newswires

11-26-21 0511ET

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Analyst Recommendations on ALLIANZ SE
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Financials
Sales 2021 143 B 163 B 163 B
Net income 2021 8 905 M 10 156 M 10 156 M
Net Debt 2021 24 870 M 28 364 M 28 364 M
P/E ratio 2021 10,5x
Yield 2021 4,66%
Capitalization 92 740 M 106 B 106 B
EV / Sales 2021 0,82x
EV / Sales 2022 0,78x
Nbr of Employees 150 269
Free-Float -
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Technical analysis trends ALLIANZ SE
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Mean consensus BUY
Number of Analysts 18
Last Close Price 227,00 €
Average target price 238,93 €
Spread / Average Target 5,25%
EPS Revisions
Managers and Directors
Oliver Bńte Chief Executive Officer
Giulio Terzariol CFO, Head-Finance, Controlling & Risk
Michael Diekmann Chairman-Supervisory Board
Barbara Karuth-Zelle Chief Operating Officer
Renate Wagner Head-Human Resources, Legal & Compliance
Sector and Competitors