UBS maintains buy rating for Axa with target price of 38.50 euros

AXA has been given a "Buy" rating by UBS, with a target price of €38.50. The company's nine-month figures were in line with expectations, which is a positive sign considering the decline in interest rates.

The report, published on October 30, 2024, emphasizes AXA's stable performance in a challenging economic environment. The unchanged targets provide reassurance to investors as the financial landscape evolves. UBS's evaluation of major financial players reflects confidence in AXA's resilience and strategic positioning in the market.

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