Is Allianz stock a buy after Berenberg’s call?

Berenberg’s Buy and €431 target support a positive view, citing attractive valuation and potential to beat expectations. We agree the setup looks constructive into Q4 2025 earnings. Still, consider position sizing and risk controls around €360 support, then reassess after results and guidance later in February.

What is the current Allianz price target and implied upside?

Berenberg set an Allianz price target of €431. With the shares at €368.30 on Xetra, that implies roughly 17% upside. The path to the target likely depends on stable underwriting, resilient investment income, and steady asset-management flows, plus clear guidance for 2026 following Q4 2025 earnings.

When are Allianz’s Q4 2025 earnings due?

Allianz plans to report Q4 2025 earnings on 26 February 2026. We will focus on the combined ratio, investment income, and PIMCO and AllianzGI net flows. Any update on the dividend and buyback plans will also be key signals for income-focused investors in Germany.

What metrics matter most for Allianz right now?

Watch the combined ratio, investment income trends, and asset-management net inflows. On valuation, track P/E, dividend yield, and payout ratio versus peers. For price action, monitor closes relative to the 50-day average and support near €360, which can guide risk management into and after the results.

Global Market Insights

ALV.DE Stock Today January 24: Berenberg Reaffirms Buy, EUR 431 PT

ByDanny Kontos January 24, 2026

Allianz stock drew fresh attention today after Berenberg reaffirmed a Buy with a €431 price target. On Xetra, ALV.DE traded at €368.30, down 0.5% on 24 January, implying about 17% upside. Berenberg sees scope to beat expectations and argues valuation remains attractive. Investors in Germany now look to Q4 2025 earnings on 26 February 2026 for confirmation. We outline what this call means, today’s setup, and what to watch next for Allianz stock.