AXA Group Upgraded to “Outperform” by RBC Capital (CS)
AXA Group (EU:CS) was upgraded by equities researchers at RBC Capital from a “sector perform” rating to an “outperform” rating in a research report issued on Wednesday, Analyst Ratings Net reports. The firm currently has a €23.00 ($31.51) price objective on the stock, up from their previous price objective of €15.00 ($20.55).
AXA Group (EU:CS) traded down 0.55% during mid-day trading on Wednesday, hitting $32.35. 1,044,175 shares of the company’s stock traded hands. AXA Group has a 1-year low of $18.3398 and a 1-year high of $31.46. The stock’s 50-day moving average is $30.12 and its 200-day moving average is $28.36. The company has a market cap of $51.500 billion and a price-to-earnings ratio of 18.47.
A number of other analysts have also recently weighed in on CS. Analysts at Nomura cut their price target on shares of AXA Group from €23.00 ($31.51) to €21.00 ($28.77) in a research note to investors on Monday, October 21st. They now have a “buy” rating on the stock. Analysts at Berenberg Bank upgraded shares of AXA Group from a “hold” rating to a “buy” rating in a research note to investors on Friday, September 27th. Two equities research analysts have rated the stock with a sell rating and seven have given a buy rating to the company. AXA Group presently has an average rating of “Buy” and a consensus target price of €27.13 ($37.17).
Credit Suisse Group AG (EU:CS) is a global financial services company.
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