AXA (OTCMKTS:AXAHY) Raised to “Strong-Buy” at DZ Bank

AXA (OTCMKTS:AXAHY) was upgraded by analysts at DZ Bank from a “hold” rating to a “strong-buy” rating in a note issued to investors on Tuesday, Zacks reports.

Several other brokerages also recently weighed in on AXAHY. Erste Group Bank downgraded AXA from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 8th. Morgan Stanley reiterated an “overweight” rating on shares of AXA in a research note on Tuesday, August 4th. Finally, Citigroup reaffirmed a “buy” rating on shares of AXA in a research report on Thursday, August 27th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

AXA Stock Down 3.1%

Shares of AXAHY opened at $48.96 on Tuesday. AXA has a 52 week low of $43.04 and a 52 week high of $52.56. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.06 and a quick ratio of 0.06. The business’s 50 day moving average price is $51.15 and its 200-day moving average price is $48.62.

About AXA

AXA SA is a France-based multinational insurance group that provides protection, savings and investment solutions to individuals, businesses and institutional clients. Its offerings include property and casualty insurance, life insurance, health coverage, retirement products and assistance services.

The company operates through a broad international network serving customers across Europe, North America, Asia-Pacific, Africa and other markets. AXA also provides insurance-related risk management and asset-management services, although its business portfolio can change as the group adjusts its operations and ownership interests.

AXA traces its modern corporate history to the formation of Mutuelles Unies in 1985, which adopted the AXA name later that decade.