Oddo BHF - AXA (CS) AXA : Des fondamentaux solides sous-valorisés

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Oddo BHF

Benoit Valleaux ...

Slim Bouasker

AXA : Des fondamentaux solides sous-valorisés

>Une charge COVID de 1.5 Md€ au S1 - Nous avons organisé un roadshow avec le CFO d’AXA et quelques investisseurs. AXA a maintenu début août, lors de la présentation de son RN du S1, son estimation d’une charge COVID de 1.5 Md€ après impôts (dont 0.3 Md€ pour les mesures de solidarité). Rappelons que la Haute Cour de Londres a rendu hier son avis sur les tests cases de la FCA. L’avis rendu est complexe et nécessite encore d’être analysé en détail, mais d’une manière gé...

17/09/2020 4 FR

Underlying

AXA

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.

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FR0000120628 Euronext Paris France

Provider

Oddo BHF

Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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Analysts

Benoit Valleaux

Slim Bouasker

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AXA : Des fondamentaux solides sous-valorisés

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 04/19/2024

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 19/04/2024

AXA : Robust growth in revenues expected in Q1

KONE : Un T1 qui rassure, la guidance 2024 est précisée

Assa Abloy : Start of year in decline (-4% by volume), set to mark low point

Volkswagen (pref) : China ambitions again reiterated, but still require both faith and patience

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