AXA (OTCMKTS:AXAHY) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a report issued on Wednesday.
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. “
AXAHY has been the topic of a number of other research reports. ValuEngine downgraded shares of AXA from a “buy” rating to a “hold” rating in a research note on Wednesday, May 2nd. Citigroup downgraded shares of AXA from a “buy” rating to a “neutral” rating in a research note on Tuesday, March 20th.
AXA SA, through its subsidiaries, provides insurance and asset management services worldwide. It operates through six segments: France, Europe, Asia, the United States, International, and Transversal and Central Holdings. The company offers a range of insurance products, including life and savings, property and casualty, and health.
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