AXA: Credit Suisse still a buyer
(CercleFinance.com) - On Friday, Credit Suisse analysts confirmed their "Outperform" rating on the Axa stock.
"We believe AXA's liquidity and HoldCo cash position will likely allow it to comfortably restart dividend payments for 2020E," the broker said.
Credit Suisse also confirms its target price of 22 euros for the share.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
"We believe AXA's liquidity and HoldCo cash position will likely allow it to comfortably restart dividend payments for 2020E," the broker said.
Credit Suisse also confirms its target price of 22 euros for the share.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.