AXA is a holding company. Through its subsidiaries, Co. is engaged in insurance and assets management. Co. operates primarily in Europe, North America, the Asia-Pacific Region and, to a lesser extent, in other regions including the Middle East, Africa, and Latin America. Co. has five operating business segments: Life & Savings, Property & Casualty, International Insurance, Asset Management, and Banking. In addition, various holding companies within the AXA Group conduct certain non-operating activities. As of Dec 31 2013, Co. had total assets of Euro757,143,000,000.
  • TickerCS
  • ISINFR0000120628
  • ExchangeEuronext Paris
  • SectorNonlife Insurance
  • CountryFrance

Analysts

Jean-Christophe Dourret

AXA : Axa - 9 May 2019

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Jean-Christophe Dourret

AXA : Axa - 9 mai 2019

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Ahmed Ben Salem ...
  • Alfred Glaser
  • Baptiste Lebacq
  • Benoit Valleaux
  • Bruno Cavalier
  • Charles Lepetitpas
  • Delphine Brault
  • Fehmi Ben Naamane
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Johanna Jourdain
  • Nicolas David
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 05/06/2019

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Benoit Valleaux

AXA : Favourable sales momentum in Q1

>Revenues up 2.7% on a l-f-l basis - At the end of last week AXA published (followed by a conference call on Friday morning) activity indicators for Q1 2019. Group revenues came in at € 35.0bn, up 13.4% on a reported basis and 2.7% l-f-l, beating forecasts (consensus: € 32.2bn, Oddo BHF’s estimate: € 31.3bn). In particular, vis-a-vis forecasts we note a robust increase at AXA XL (combined with a strong seasonal effect in Q1) and good sales in the US (sales growth on u...

Ahmed Ben Salem ...
  • Alfred Glaser
  • Baptiste Lebacq
  • Benoit Valleaux
  • Bruno Cavalier
  • Charles Lepetitpas
  • Delphine Brault
  • Fehmi Ben Naamane
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Johanna Jourdain
  • Nicolas David
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 06/05/2019

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Carine Maciol

AXA : Successful transformation

>Strengths/Opportunities - - Remarkable geographical coverage, with an ongoing refocusing on 16 markets: in 10 countries, the priority is to boost organic growth (with a focus on health, protection and commercial P&C insurance), while six other countries (Brazil, China, Indonesia, Mexico, Philippines and Thailand) have been selected because of their growth potential. The group's businesses in 26 other countries, representing approximately 6% of earnings, are currently...

Carine Maciol

AXA : Une transformation réussie

>Forces / Opportunités - - Une couverture géographique remarquable, avec un recentrage en cours sur 16 marchés : dans 10 pays, la priorité est donnée à la relance de la croissance organique (avec une priorité en santé, protection, assurance dommages entreprise) tandis que 6 autres (Brésil, Chine, Indonésie, Mexique, Philippines et Thaïlande) ont été sélectionnés en raison de leur potentiel de croissance. L'activité dans les 26 autres pays (représentant environ 6% des ...

Carine Maciol

AXA : No change in trend…

>Publication date 26/04/2017 13:15 - Writing date 20/04/2017 - - Shareholders - Voting rights - Stake - Mutuelles AXA - 23.93% - 14.13% - Employees - 7.40% - 5.70% - Free float - 68.47% - 79.92% - - Secondary market spreads - Issuer - Rating - Maturity - Cou-pon - Price - ASW - Yield - Tier 1 - - - - AXA - BBB - PNC17 - 6.211 - 103 - 40 - 0.1 - Perp Tier 2 - AXA - BBB+ - PNC24 - 3.941 - 103 - 306 - 3.5 - AXA - BBB+ - PNC25 - 3.875 - 102 - 305 - 3.6 - Allianz - A+ - PNC 24 - 3.375 - 105 - 233 - 2.7 - CNP - BBB+ - PNC24 - 4.000 - 102 - 322 - 3.6 - Scor - A - PNC25 - 3.875 - 104 - 278 - 3....

Carine Maciol

AXA : Dans la continuité …

>Forces / Opportunités - - Une couverture géographique remarquable, avec un recentrage réussi sur les marchés émergents, en particulier en Asie, qui permettent à AXA de profiter des changements des besoins (dépendance) et d’une croissance plus dynamique que dans ses marchés matures. - Un mix d’activités dominé par le segment Vie Epargne Retraite, avec un repositionnement réussi sur les produits à forte composante technique (Santé, Prévoyance, Retraite), mieux margés. - Un changement de management en 2016 réussi, qui s’est passé dans la continuité, Thomas Buberl étant dans le groupe depuis 2012...

Jean-Christophe Dourret

AXA : Axa - 9 May 2019

...

Jean-Christophe Dourret

AXA : Axa - 9 mai 2019

...

Ahmed Ben Salem ...
  • Alfred Glaser
  • Baptiste Lebacq
  • Benoit Valleaux
  • Bruno Cavalier
  • Charles Lepetitpas
  • Delphine Brault
  • Fehmi Ben Naamane
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Johanna Jourdain
  • Nicolas David
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 05/06/2019

...

Benoit Valleaux

AXA : Favourable sales momentum in Q1

>Revenues up 2.7% on a l-f-l basis - At the end of last week AXA published (followed by a conference call on Friday morning) activity indicators for Q1 2019. Group revenues came in at € 35.0bn, up 13.4% on a reported basis and 2.7% l-f-l, beating forecasts (consensus: € 32.2bn, Oddo BHF’s estimate: € 31.3bn). In particular, vis-a-vis forecasts we note a robust increase at AXA XL (combined with a strong seasonal effect in Q1) and good sales in the US (sales growth on u...

Ahmed Ben Salem ...
  • Alfred Glaser
  • Baptiste Lebacq
  • Benoit Valleaux
  • Bruno Cavalier
  • Charles Lepetitpas
  • Delphine Brault
  • Fehmi Ben Naamane
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Johanna Jourdain
  • Nicolas David
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 06/05/2019

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1 director sold

A director at Axa sold 27,395 shares at 23.236EUR and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board members al...

Ahmed Ben Salem ...
  • Benoit Valleaux
  • Charles Lepetitpas
  • Christophe Chaput
  • Emira Sagaama
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • Jean Sassus
  • Laurence Hofmann
  • Matthias Desmarais
  • Michael Foundoukidis
  • Nicolas David
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 04/25/2019

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Ahmed Ben Salem ...
  • Benoit Valleaux
  • Charles Lepetitpas
  • Christophe Chaput
  • Emira Sagaama
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • Jean Sassus
  • Laurence Hofmann
  • Matthias Desmarais
  • Michael Foundoukidis
  • Nicolas David
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 25/04/2019

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Antoine Boivin-Champeaux ...
  • Benoit Valleaux
  • Jean Sassus
  • Khaled Ben Amor
  • Louis Boujard
  • Philippe Ourpatian
  • Steven Gould
  • Sylvain Goyon
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/26/2019

In theory, the euro has, via the financing of the record twin deficits in the US and the anticipations of a fall in the Fed’s key rates in 2020, solid reasons for appreciating. Moreover, the Fed’s capitulation, on 20 March, had boosted the euro. In reality, further disappointment on European PMI data and the return of the spectre of a hard Brexit have wiped out this rebound. In this context of uncertainty, why not choose from our “strong euro” and “strong dollar” baskets, stocks with...

Antoine Boivin-Champeaux ...
  • Benoit Valleaux
  • Jean Sassus
  • Jerôme Bodin
  • Khaled Ben Amor
  • Louis Boujard
  • Philippe Ourpatian
  • Steven Gould
  • Sylvain Goyon
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 26/03/2019

Sur le papier l’Euro a, via le financement des déficits jumeaux records aux USA et les anticipations de baisse des taux directeurs de la FED en 2020, de solides raisons de se renforcer. La capitulation, le 20/3, de la FED lui avait d’ailleurs donné des couleurs. Dans les faits la nouvelle déception sur les PMI européens et le retour du spectre du hard Brexit ont annulé ce sursaut. Dans ce contexte d’incertitude, pourquoi ne pas sélectionner au sein de nos paniers « euro fort » et « d...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Benoit Valleaux
  • Christophe-Raphaël Ganet
  • Laurence Hofmann
  • Louis Boujard
  • Philippe Ourpatian
  • Roland Pfaender
  • Samantha Jeary
  • Virginie Rousseau
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/19/2019

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AXA with less fundamental stars is reduced to Neutral

AXA (FR), a company active in the Full Line Insurance industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date May 3, 2019, the closing price was EUR 23.07 and its expected value was estimated at EUR 22.90.

Axa

Axa

Axa

Axa

MarketLine Department

Zurich Insurance Group Ltd - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Zurich Insurance Group Ltd Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Zurich Insurance Group Ltd since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competiti...

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QBE Insurance Group Limited - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

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CNP Assurances SA - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

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Assicurazioni Generali SpA - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Assicurazioni Generali SpA Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Assicurazioni Generali SpA since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competiti...

MarketLine Department

MetLife, Inc. - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

MetLife, Inc. - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments Marketline's MetLife, Inc. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by MetLife, Inc. since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity ...

Charles Pinel

AXA - AGM 24 April 2019

Once again, the total remunerations granted to the CEO and the Chairman of the Board are excessive (items 4-5). Items 6-7: the remuneration principles for the CEO and the Chairman of the Board for the next financial year remain unchanged. Item 9 seeks shareholder approval to re-elect Jean-Pierre Clamadieu as Director, for a 4 year term. If approved, he will replace Jean-Martin Folz as independent lead director and Chairman of the Compensation and Governance Committee. He is considered as independent, ECGS recommends that shareholders approve this re-election, as well as the ratification of t...

Charles Pinel

AXA - Assemblée générale des actionnaires du 24 avril 2019

REMUNERATIONSComme lors de l'exercice précédent, les rémunérations attribuées au Directeur Général et au Président du Conseil sont trop élevées et les politiques de rémunération pour le prochain exercice demeurent inchangées. Des recommandations négatives sont donc proposées pour les résolutions 4 à 7. CONSEIL D'ADMINISTRATIONIl est proposé à l'Assemblée Générale de renouveler le mandat d'administrateur de Jean-Pierre Clamadieu. Si le renouvellement est accepté, ce dernier remplacera Jean-Martin Folz, qui n'a pas souhaité solliciter le renouvellement de son mandat arrivant à expiration à l'is...

Axa - Assemblée générale des actionnaires du 30 avril 2019

Proxinvest publiera une étude analysant les résolutions proposées lors de la tenue de l’assemblée générale des actionnaires. Vous pouvez l'acquérir dès à présent et elle vous sera adressée par ResearchPool une fois publiée.

Axa – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Charles Pinel

Proxy Report - 25/04/2018

Remuneration (resolutions 4 to 7 and 9):Although the transparency of the remuneration is satisfactory, amounts are very high for Thomas Buberl, CEO, as well as Denis Duverne, Chairman of the Board. The severance benefit of the CEO is also too generous. Board members (resolutions 10 to 14):Given the separation of function between Chairman of the Board of directors and CEO, we recommend that shareholders approve the re-elections of Denis Duverne and Thomas Buberl. Patricia Barbizet and Rachel Duan are proposed in order to replace Isabelle Kocher and Suet Fern Lee, who decided to retire from th...

Matthieu DRIOL

Short term view - AXA : Falling prices.

The trend is uncertain. Prices are falling, but the trend is lacking power for the time being. The next support is at €21.40.

Matthieu DRIOL

Analyse court terme - AXA : Les cours baissent.

La tendance est incertaine. Les cours baissent, mais la tendance manque de puissance pour le moment. Le prochain support est à 21,40 €.

Matthieu DRIOL

Short term view - AXA : The trend is uncertain.

The trend is uncertain. Prices are falling and they may accelerate to the downside. A new bearish trend is attempting to emerge.

Matthieu DRIOL

Analyse court terme - AXA : La tendance est incertaine.

La tendance est incertaine. Les cours baissent, et il y a une possibilité d'accélération baissière. Une nouvelle tendance baissière tente de démarrer.

Matthieu DRIOL

Analyse moyen terme - AXA : La tendance est incertaine.

La tendance est incertaine. Les cours baissent, et il y a une possibilité d'accélération baissière. Une nouvelle tendance baissière tente de démarrer.

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