Is DZ-Bank AG Now Positive on AXA (EPA:CS) After Recent Upgrade?


AXA (EPA:CS) Stock Upgrade

In a recent research report revealed to clients and investors on Saturday, 5 December, DZ-Bank AG has upgraded shares of AXA (EPA:CS) stock to a Buy rating.

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 9.31% above today’s (€25.25) stock price. AXA was the topic of 9 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on December 4 with “Neutral” rating. BNP Paribas upgraded shares to “Outperform” rating and €29 target share price in a report from an August 24. Deutsche Bank upgraded CS stock in a recent report from October 6 to “Buy” rating. Independent Research maintained the rating on August 11. Independent Research has a “Hold” rating and a €26 price target on shares. Finally, Bankhaus Lampe upgraded the stock to “Buy” rating in a report issued on a September 3.

The stock increased 3.23% or EUR 0.79 on December 4, striking EUR 25.25. Approximately 13.69 million shares of stock traded hands or 139.75% up from the average. Axa SA (EPA:CS) has declined 12.87% since May 4, 2015 and is downtrending. It has underperformed by 10.08% the S&P500.

 Is DZ-Bank AG Now Positive on AXA (EPA:CS) After Recent Upgrade?

AXA SA is a holding company engaged in the business of financial protection. The company has a market cap of 62.22 billion EUR. The Firm operates in five divisions: Life & Savings, Property & Casualty, International Insurance, Asset Management and Banking. It has 12.89 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).