Should you invest in Axa stock? French insurer sells portfolio in Germany

in amount The transaction is worth 660 million euros, and part of the returned funds will be used to reduce shareholder dilution through share buybacks.

Note that analyst Philip Kett’s latest research note for Jefferies is positive: a buy tip and a target price of €28.

Axa price: what is the current price?

Here is the current Axa price.

What is axa? What do you need to know

AXA is fully committed to the insurance sector, using innovation as a fundamental driving force for development. The group’s mission is to empower its customers by giving them the peace of mind and confidence that their lives can be safer, healthier and more fulfilling.

The Group strives to cultivate the trust and understanding that engenders fruitful relationships with its partners.

AXA group insurance products include:

  • individual and group life insurance
  • health and wellness products
  • individual and collective pension savings programs
  • insurance products against damage (insurance of vehicles, housing, property and civil liability)

Through a network of agents, merchants, brokers, independent financial advisors and banking networks, AXA serves both individuals and businesses. The Group also sells its products through direct sales channels such as telephone, mail and the Internet. AXA is headquartered in Paris, France.

Opinion on what makes Axa (CS) shares fall

Axa’s stock could be negatively impacted by a number of factors.

  • Economic problems and dangers in developing countries
  • Sudden increase in claims and losses
  • Losing market share to more digitized competitors
  • Geopolitical Tensions

Opinion on what makes Axa (CS) shares rise

Axa stock could be positively affected by a number of factors.

  • Growing demand for life insurance
  • Achievements in emerging markets
  • Digitization of the group, increase in sales and loyalty online
  • Increase in net income from one financial period to another

Concluding Our Opinion on Axa Stock: Is it a Good Investment?

  • Axa Mag mirror rating: 8/10

Axa stock notice in the medium term

AXA shares are supporting an uptrend with interesting patterns: breakouts and pullbacks. You can buy a rollback at the beginning of 2022 to reach the annual maximum of 29 euros.

Axa Long Term Promotion Notice

The long-term configuration is rather bearish with historical resistance at EUR 27.5 which just pushed the price back.

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Be vigilant and consult your financial advisor before making any investment decision. Mirror-Mag cannot be held responsible for unsuccessful investments. Before using any third party service, you should do your own research.