HAMBURG (dpa-AFX) - Private bank Berenberg has left Allianz at "Buy" with a price target of €431. During the investor events held by insurers Allianz, Zurich, and Uniqa in November, the focus was on growth, wrote Michael Huttner in his review published on Tuesday. He sees his assumption of structural growth in key business segments confirmed. Dividend growth should also benefit from this. However, it is still too early to raise his forecasts in this regard. Huttner believes Allianz will achieve annual growth rates of nine percent in operating profit until 2027, which is significantly above the group's target of around six percent.
Publication of the original study: December 2, 2025 / 6:03 a.m. / GMT
First disclosure of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
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