FRANKFURT--The following is a summary of analysts' forecasts for
Allianz SE (ALV.XE) fourth-quarter results, based on a poll of 13
analysts conducted by Dow Jones Newswires (figures in million
euros, dividend and target price in euro, combined ratio in
percent, according to IFRS). Earnings figures are scheduled to be
released February 27.
===
Operat. Operat.
Operat. profit profit
Total Operat. profit Life & Asset
4th Quarter revenue profit P/C Health managment
AVERAGE 26,334 2,277 1,218 707 700
Prev. Year 25,927 2,216 1,219 485 917
+/- in % +1.6 +2.8 -0.04 +46 -24
MEDIAN 26,253 2,272 1,219 703 670
Maximum 26,932 2,500 1,383 861 850
Minimum 25,900 2,053 1,010 599 612
Amount (b) 5 13 11 11 11
Banca Sabadell 26,932 2,053 1,136 717 617
Bankhaus Lampe -- 2,431 1,321 648 850
Bryan, Garnier -- 2,070 1,010 676 665
DZ Bank 26,587 2,245 1,065 703 751
Equinet 26,000 2,320 1,210 730 670
Goldman Sachs -- 2,440 1,264 664 772
J.P. Morgan -- 2,500 1,383 650 721
Kepler Cheuvreux 25,900 2,272 1,219 754 663
MainFirst Bank 26,253 2,192 1,361 599 758
Morgan Stanley -- 2,206 1,195 861 616
Net Comb. FY
attrib. Ratio Comb. Ratio
4th Quarter EBT income (a) (a)
AVERAGE 2,086 1,258 95.3 95.1
Prev. Year 2,173 1,243 95.3 96.2
+/- in % -4.0 +1.2 0.0 -1.1
MEDIAN 2,140 1,244 95.0 95.1
Maximum 2,235 1,473 98.2 96.5
Minimum 1,953 1,061 93.2 94.6
Amount (b) 7 13 10 10
Banca Sabadell 1,953 1,222 95.7 95.2
Bankhaus Lampe 2,235 1,294 94.3 94.7
Bryan, Garnier -- 1,071 97.9 96.5
DZ Bank 1,959 1,201 95.7 95.2
Equinet 2,170 1,439 95.0 --
Goldman Sachs -- 1,473 94.7 94.9
J.P. Morgan -- 1,451 93.6 94.7
Kepler Cheuvreux -- 1,354 94.9 95.0
MainFirst Bank 1,996 1,263 93.2 94.6
Morgan Stanley -- 1,213 98.2 --
Target price Rating DPS 2013
AVERAGE 140.76 positive 7 AVERAGE 5.29
Prev. Quarter 134.71 neutral 4 Prev. Year 4.50
+/- in % +4.5 negative 1 +/- in % +18
MEDIAN 138.00 MEDIAN 5.30
Maximum 155.00 Maximum 5.50
Minimum 126.00 Minimum 5.00
Amount 11 Amount 10
Banca Sabadell 137.40 Buy 5.00
Bankhaus Lampe 135.00 Buy 5.50
Berenberg 148.00 Buy 5.30
Bryan, Garnier 136.00 Neutral 5.10
Citigroup 138.00 Neutral 5.40
Credit Suisse 148.00 Outperform 5.29
DZ Bank 126.00 Sell 5.30
Equinet 130.00 Hold 5.00
Goldman Sachs 155.00 Buy 5.50
J.P. Morgan 152.00 Overweight 5.50
Kepler Cheuvreux 143.00 Buy --
Morgan Stanley -- Equalweight --
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Year-earlier figures are as reported by the company.
(a) Property-casualty.
(b) Including anonymous estimates from three more analysts.
DJG/voi
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