AXA (OTCMKTS:AXAHY) Upgraded at Erste Group Bank

Key Points

• Erste Group Bank upgraded AXA to a "strong-buy" while Royal Bank of Canada initiated coverage with a "moderate buy," leaving the MarketBeat consensus rating at Buy.
• AXA ADR (OTC: AXAHY) opened at $48.08 and was down 0.3%, trading within a 12‑month range of $43.04–$50.95 with 50‑day and 200‑day moving averages around $46.45 and $46.05.
• AXA is a Paris‑based multinational insurance and asset management group offering life, health, property & casualty and retirement solutions through agents, brokers and bancassurance partners.

AXA (OTCMKTS:AXAHY - Get Free Report) was upgraded by stock analysts at Erste Group Bank to a "strong-buy" rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Separately, Royal Bank Of Canada initiated coverage on AXA in a research report on Monday, February 16th. They issued a "moderate buy" rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company's stock. Based on data from MarketBeat, AXA has a consensus rating of "Buy".

AXA Stock Down 0.3%

OTCMKTS AXAHY opened at $48.08 on Monday. AXA has a twelve month low of $43.04 and a twelve month high of $50.95. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.06 and a current ratio of 0.06. The stock's 50 day moving average is $46.45 and its 200 day moving average is $46.05.

AXA Company Profile

AXA is a French multinational insurance and asset management group headquartered in Paris. The company provides a broad range of insurance and financial protection products for individuals, professionals and corporate clients, and its shares are listed in Europe with American depositary receipts trading on U.S. OTC markets under the symbol AXAHY. AXA operates through a network of distributors including agents, brokers and bancassurance partners to deliver life, health, property & casualty and retirement solutions.

Core business activities include life and savings products, personal and commercial property & casualty insurance, health and protection coverages, and asset management services delivered through its investment arm.

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