Investors who have had our shares in their portfolios for five years and opted to reinvest their dividends achieved an average annual performance of 18.1% over this period of time. You can find the current analyst recommendations and profit forecasts here.Ī rising share price in 2015 lends further credibility to the appeal of a long-term investment in Allianz shares. Following the publication of the 2015 results on February 19, 2016, 63% of analysts issued a “buy” recommendation for Allianz shares – with an average price target of 174 euros. Not only is this a reflection of favorable business developments, it is also testament to the positive reaction to an investor event, in which our Renewal Agenda was introduced in detail. This year’s gain constitutes a double-digit rise in value for the fourth time in a row. Provided the dividend was reinvested in Allianz shares, investments in the company would have seen an increase of 24.6%. In circumstances like these, a 19.1% increase in the value of Allianz shares to 163.55 euros is substantial, outperforming the STOXX Europe 600 Insurance sector index (+14.0%) and the EURO STOXX 50 cross-sector index (+3.8%). Moreover, there were growing concerns about a possible slowdown in the Chinese economy. It was then, however, that a change occurred in the fundamental data, as the Euro embarked on a recovery course and the Greek crisis flared up again. Back in spring, stock markets set new records, driven mainly by the expansionary monetary policy of the European Central Bank, as well as a weaker Euro. In other words, the overall balance remains positive, even in the long term: the average annual value increase came in at 21.8% in a five-year comparison.įollowing a year of turbulent developments in share prices, European stock markets reported a slight increase as the year drew to a close. Assuming dividend reinvestment in Allianz stock, this results in positive performance for the fifth time in a row, producing a yield of 1.0%.
While Allianz' shares did outperform the insurance index, as was also the case in the previous year, the year-end share price equivalent to 157 euros represents a slight decrease of 4.0% compared to the same value at the end of 2015. Falling interest rates and a continuous drop in investment returns put considerable pressure on the industry. This comes after a period of what was, in some cases, a surprising change of course, for instance a turn brought about by the Brits' decision to leave the European Union or the outcome of the presidential elections in the US, with the latter to blame for the upswing on the stock markets in recent weeks.įollowing double-digit growth reported by the European insurance stocks in the previous year, STOXX Europe 600 Insurance lost 5.6% in value in 2016. After picking up the pace on the home straight, European stock markets reported a slight increase as the year drew to a close, as indicated by the EURO STOXX 50 (+0.7%). 2016 proved to be a turbulent year for the stock market.
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