Berenberg Bank Upgrades AXA Group to “Buy” (CS)
AXA Group (EU:CS) was upgraded by stock analysts at Berenberg Bank from a “hold” rating to a “buy” rating in a report issued on Friday, AR Network reports.
A number of other firms have also recently commented on CS. Analysts at Mediobanca SpA reiterated an “outperform” rating on shares of AXA Group (EU:CS) in a research note to investors on Thursday, July 11th. They now have a CHF 32 price target on the stock. Analysts at Bankhaus Metzler reiterated a “sell” rating on shares of AXA Group (EU:CS) in a research note to investors on Wednesday, July 10th. They now have a CHF 21.90 price target on the stock. Two investment analysts have rated the stock with a sell rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of €29.82 ($40.30).
Shares of AXA Group (EU:CS) traded up 1.29% during mid-day trading on Friday, hitting $30.67. The stock had a trading volume of 485,881 shares. AXA Group has a 1-year low of $21.0644 and a 1-year high of $31.96. The stock has a 50-day moving average of $30.42 and a 200-day moving average of $28.69. The company has a market cap of $48.826 billion and a price-to-earnings ratio of 17.19.
Credit Suisse Group AG (EU:CS) is a global financial services company.
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