AXA (EPA:CS) Stock Upgrade
AXA (EPA:CS) shares were boosted by investment advisers at Jefferies & Company Inc. to a solid Buy rating in a recent report made public today. Analysts currently have a EUR 28.80 target price per share on the shares. Jefferies & Company Inc.’s target price per share implies a possible upside of 19.11%.
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 16.79% above today’s (€24.12) stock price. AXA was the topic of 14 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. Goldman Sachs upgraded shares on December 14 to “Buy” rating. HSBC upgraded shares to “Buy” rating and €28 target share price in a report from an October 10. Bankhaus Lampe upgraded CS stock in a recent report from December 5 to “Buy” rating. Citigroup upgraded the rating on September 4. Citigroup has a “Buy” rating and a €28 price target on shares. Finally, JP Morgan maintained the stock with “Neutral” rating in a report issued on a December 4.
The stock decreased 2.13% or EUR 0.52 on December 14, striking EUR 24.12. Approximately 8.54M shares of stock traded hands or 39.77% up from the average. Axa SA (EPA:CS) has declined 22.39% since May 12, 2015 and is downtrending. It has underperformed by 17.98% the S&P500.
AXA SA is a holding company engaged in the business of financial protection. The company has a market cap of 59.46 billion EUR. The Firm operates in five divisions: Life & Savings, Property & Casualty, International Insurance, Asset Management and Banking. It has 12.32 P/E ratio. The Firm offers a range of life and savings products, including individual and group savings retirement products, life and health products.
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