Allianz stock soars to a 52-week high after breaking resistance
Allianz shares hit a 52-week high on Wednesday, climbing past a key resistance level at €380. The surge follows months of steady trading and signals renewed investor confidence. Analysts now watch whether the stock can push even higher in the coming weeks.
The stock’s breakout came after a long period of consolidation. By mid-week, shares traded near €385, just below the new 52-week peak of €386.60. Market sentiment improved as investors reacted to the upward move.
Allianz now trades above UBS’s updated price target. The stock’s recent high reflects growing optimism, but analysts remain divided on its future path. Investors will look to the February 2026 earnings report for clearer signals on performance and stability.
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