AXA (OTCMKTS:AXAHY) Lifted to “Hold” at Zacks Investment Research
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. “
A number of other analysts have also weighed in on the company. UBS Group restated a neutral rating on shares of AXA in a report on Tuesday, June 30th. ValuEngine lowered AXA from a hold rating to a sell rating in a report on Thursday, April 2nd. Berenberg Bank upgraded AXA from a hold rating to a buy rating in a report on Wednesday, March 11th. Morgan Stanley reaffirmed an overweight rating on shares of AXA in a research report on Wednesday, July 1st. Finally, JPMorgan Chase & Co. reaffirmed an overweight rating on shares of AXA in a research report on Tuesday, June 30th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of $32.00.
AXA SA, through its subsidiaries, provides insurance and asset management services worldwide. It operates in seven segments: France, Europe, Asia, AXA XL, the United States, International, and Transversal & Central Holdings. The company offers a range of insurance products, including life and savings, property and casualty, and health.
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