Axa SA (AXAHY) Lifted to “Buy” at Zacks Investment Research
Axa SA (NASDAQ:AXAHY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Monday. The firm currently has a $23.00 target price on the stock. Zacks Investment Research’s price objective indicates a potential upside of 9.79% from the company’s current price.
According to Zacks, “The AXA Group is an international group of insurance and related financial services companies. AXA’s insurance operations are diverse geographically, with activities in 50 countries, principally Western Europe, North America and the Asia/Pacific area. In the United States, AXA is represented through its 60% holding in The Equitable companies and its subsidiaries, Equitable Life, Alliance Capital management and Donaldson, Lufkin & Jenrette. “
Axa SA (NASDAQ:AXAHY) traded up 1.06% during trading on Monday, hitting $20.95. The stock had a trading volume of 69,799 shares. The stock’s 50-day moving average is $20.51 and its 200-day moving average is $22.29. Axa SA has a 52-week low of $17.75 and a 52-week high of $28.54. The stock has a market capitalization of $50.62 billion and a PE ratio of 8.24.
About Axa SA
AXA SA (AXA) is a holding company engaged in the business of financial protection. The Company operates in five segments: Life & Savings, Property & Casualty, International Insurance, Asset Management and Banking. The Company offers a range of life and savings products, including individual and group savings retirement products, life and health products.
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