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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Allianz Ag Muenchen Namen (PK) | USOTC:ALIZF | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.128 | 0.04% | 290.128 | 277.15 | 295.00 | 290.128 | 290.128 | 290.128 | 4 | 21:20:00 |
By Pietro Lombardi
Allianz SE (ALV.XE) said Friday that it targets a return on equity of at least 13% in 2021 and earnings growth of at least 5% a year on average in the next three years.
The German insurer sees earnings per share growing at an annual rate of at least 5% between 2019 and 2021, it said as it presented the 2019-21 targets ahead of its capital markets day.
Allianz is in the final stretch of its plan through 2018, which targets an annual earnings per share growth of 5% on average between 2016 and 2018, and a 2018 return on equity of 13%.
As of the third quarter, the company had beaten both targets, with and EPS growth of 7.1% and a ROE of 13.8%, according to a presentation.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
November 30, 2018 03:02 ET (08:02 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year Allianz Ag Muenchen Namen (PK) Chart |
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