1116 GMT - Allianz's share price is unlikely to keep rising given that current consensus is already pricing in that it will deliver growth at the top end of its targets, J.P.Morgan says in a research note. "We see a lot that we like about the Allianz story at present; the company is set to deliver strong earnings growth in the business and get back to being viewed as one of the most dependable companies in the sector," analysts write. JPM resumes coverage after a period of restriction with a neutral rating from overweight before, setting a 350 euro target price. Shares trade at 353.6 euros and are up almost 20% year to date. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
April 01, 2025 07:16 ET (11:16 GMT)
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