Zacks Investment Research upgraded shares of Axa SA (NASDAQ:AXAHY) from a hold rating to a buy rating in a research note issued to investors on Monday. They currently have $23.00 price target on the stock.

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) opened at 22.06 on Monday. The stock has a market capitalization of $53.30 billion and a price-to-earnings ratio of 8.71. The company has a 50-day moving average of $20.71 and a 200 day moving average of $22.23. Axa SA has a 12 month low of $17.75 and a 12 month high of $28.54.

About Axa SA

AXA SA (AXA) is a holding company engaged in the business of financial protection. The Company’s segments include Life & Savings, Property & Casualty, International Insurance, Asset Management, Banking and Holding companies. The Life & Savings segment’s products include a range of investment and savings products, as well as Protection and Health products.

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