AXA (AXAHY) Cut to “Neutral” at Citigroup

AXA (OTCMKTS:AXAHY) was downgraded by equities research analysts at Citigroup from a “buy” rating to a “neutral” rating in a report issued on Tuesday, March 20th, The Fly reports.

Several other equities analysts have also issued reports on the company. Zacks Investment Research raised AXA from a “sell” rating to a “hold” rating in a research note on Wednesday, January 10th. Macquarie raised AXA from an “underperform” rating to a “neutral” rating in a research note on Tuesday, March 6th. Finally, ValuEngine lowered AXA from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 11th.

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Shares of AXAHY traded up $0.41 during trading hours on Tuesday, hitting $27.75. 155,141 shares of the stock traded hands, compared to its average volume of 183,292. AXA has a 1-year low of $24.20 and a 1-year high of $33.86. The firm has a market capitalization of $67,035.97, a PE ratio of 9.50, a price-to-earnings-growth ratio of 1.38 and a beta of 1.22.

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AXA Company Profile

AXA SA (AXA) is a France-based holding company engaged in the business of financial protection. The Company’s segments include Life & Savings, Property & Casualty, 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.

The Fly

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