JPMorgan and Barclays adjust price targets for Allianz and Ströer

JPMorgan has raised its price target for Allianz SE from 430 to 460 euros while maintaining a ‘Neutral’ rating. Following the insurer's quarterly results, analyst Kamran M Hossain increased operating profit forecasts for the years leading up to 2028, though he noted that upside potential remains limited.

Separately, Barclays has increased its price target for the advertising marketer Ströer from 40 to 42 euros, keeping an ‘Equal Weight’ rating. Analyst Julien Roch noted that current market sentiment regarding the company is largely driven by takeover speculation.