AXA (EPA:CS) May Have Just Reached An Inflection Point; Goldman Sachs Group Inc. Upgrades Shares

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AXA (EPA:CS) Stock Upgrade

Goldman Sachs Group Inc. upgraded shares of AXA (EPA:CS) to a solid “Buy” rating in an analyst research report shared with investors and clients on 8 December. Analysts currently have a EUR 29.00 target set on the stock. This target could mean a possible upside of 12.49% from the stock price of the stock.

From a total of 1 analysts covering AXA (EPA:CS) stock, 0 rate it a ”Buy”, 1 a “Sell”, and 0 a ”Hold”. This means that 0% of the ratings are positive. The highest target price is €21.64 while the lowest target price is €21.64. The mean of all analyst targets is €21.64 with a 6.94% above today’s (€25.81) stock price. AXA was the topic of 11 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. Bankhaus Lampe upgraded shares on December 5 to “Buy” rating. Citigroup upgraded shares to “Buy” rating and €28 target share price in a report from a September 4. JP Morgan maintained CS stock in a recent report from December 4 with “Neutral” rating. BNP Paribas upgraded the rating on August 24. BNP Paribas has a “Outperform” rating and a €29 price target on shares. Finally, Deutsche Bank upgraded the stock to “Buy” rating in a report issued on an October 6.

The stock increased 2.20% or EUR 0.56 on December 7, striking EUR 25.81. Approximately 7.85M shares of stock traded hands or 32.15% up from the average. Axa SA (EPA:CS) has declined 15.18% since May 5, 2015 and is downtrending. It has underperformed by 14.11% the S&P500.

 AXA (EPA:CS) May Have Just Reached An Inflection Point; Goldman Sachs Group Inc. Upgrades Shares

AXA SA is a holding company engaged in the business of financial protection. The company has a market cap of 63.59 billion EUR. The Firm operates in five divisions: Life & Savings, Property & Casualty, International Insurance, Asset Management and Banking. It has 13.18 P/E ratio. The Firm offers a range of life and savings products, including individual and group savings retirement products, life and health products.

According to Zacks Investment Research, “CREDIT SUISSE GROUP and Winterthur offer investment products, private banking and financial advisory services, as well as insurance and pension solutions. Credit Suisse First Boston provides securities underwriting, sales and trading, financial advisory, investment research, venture capital and asset management services. Because they specialize in gaining a deep understanding of their clients’ financial needs, they know that no one’s needs are two-dimensional. 360? Choice.” Get a free copy of the Zacks research report on Axa SA (CS).

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