AXA Asia Pacific Holdings (AXA)

AXA has a Buy, Medium risk stock recommendation with an unchanged share price target of $7.30 from stock analyst, Citigroup Investment Research (CIR). CIR have noted that AXA Asia Pacific Holdings (AXA) have had "spectacular growth" in Asia in countries including Indonesia, Philippines, China and Thailand. Hong Kong growth slowed slightly with 23 percent growth. Their Australian and New Zealand investment products grew strongly with super and investment products showing strong growth. The analyst has noted that the company will have a $8.14 per share valuation by 31 December 2008 if it beats Aussie and NZ targets by $1 billion and meets their HK and Asia targets. $8.50 per share is plausible under aggressive assumptions.

AXA Asia Pacific Holdings Limited is listed on the Australian Stock Exchange (ASX) under stock code AXA. You can view their investor website here. AXA was listed on the ASX on 1 October, 1996. AXA Asia Pacific is a provider of insurance, superannuation and savings products and services in Australia, New Zealand and Hong Kong. Find out the meaning of the recommendations in this primer. Browse for other stockbroker recommendations. A previous stock tip for AXA Asia Pacific. Check your charts and good luck with your share trading!