Allianz: price target raised slightly by Oddo BHF
The research firm still believes that the German insurer's share price could benefit by the end of the year from a complementary share buyback program of 0.5 billion euros in the second half of the year, excluding external growth operations (M&A).
Allianz could also benefit from strong net inflows at Pimco in the event of a steepening yield curve, as well as from the presentation of its new strategic plan in December, given its favorable outlook.
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