HAMBURG (dpa-AFX Broker) - Private bank Berenberg has left its rating for Allianz at "Buy" with a price target of €419. An important reason to continue buying the stock despite the historic seasonal pause in the summer is his conviction that the insurer has made good progress with its planned acceleration in generating operating capital, Michael Huttner wrote in his commentary published on Friday. In addition, the stock is undervalued compared to the rest of the industry. /rob/edh/ag

Publication of the original study: June 12, 2025 / 4:33 p.m. / GMT

Initial disclosure of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study