Allianz shares have been given a "Neutral" rating by UBS AG, with a target price of 300 euros, following a recent capital market event.

According to analyst Will Hardcastle, the profit targets announced by Allianz are considered credible, although it is noted that these expectations are already priced into the current share price.

The analysis suggests that there will not be significant changes to consensus estimates for Allianz's earnings per share and capital utilization.

Currently, Allianz shares are trading at 301.90 euros, representing a gain of 4.00 euros or 1.34%.