AXA (OTCMKTS:AXAHY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Friday.
According to Zacks, “The AXA Group is an international group of insurance and related financial services companies. AXA’s insurance operations are diverse geographically, with activities in 50 countries, principally Western Europe, North America and the Asia/Pacific area. In the United States, AXA is represented through its 60% holding in The Equitable companies and its subsidiaries, Equitable Life, Alliance Capital management and Donaldson, Lufkin & Jenrette. “
Several other research analysts have also issued reports on AXAHY. Macquarie upgraded shares of AXA from an “underperform” rating to a “neutral” rating in a research note on Tuesday, March 6th. ValuEngine lowered shares of AXA from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 11th. Finally, Citigroup lowered shares of AXA from a “buy” rating to a “neutral” rating in a research note on Tuesday, March 20th.
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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.
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