FRANKFURT--The following is a summary of analysts' forecasts for´AXA SA (CS.FR) first-quarter sales results, based on a poll of five analysts conducted by Dow Jones Newswires (figures in million euros, dividend and target price in EUR, according to IFRS). Earnings figures are scheduled to be released May 7.

=== 
                          Total       APE    Revenues 
1st Quarter            Revenues       (a)      P&C(b) 
AVERAGE                  30,060     1,743      10,830 
Prev. Year               28,497     1,640      10,410 
+/- in %                   +5.5      +6.3        +4.0 
 
MEDIAN                   30,197     1,741      10,924 
Maximum                  30,832     1,856      11,050 
Minimum                  29,013     1,666      10,554 
Amount                        4         5           5 
 
Bankhaus Lampe           30,662     1,770      11,050 
Credit Suisse            29,731     1,741      10,970 
Deutsche Bank            30,832     1,856      10,924 
Keefe, Bruyette & Woods      --     1,666      10,651 
Morgan Stanley           29,013     1,683      10,554 
 
 
                  Target price  Rating              DPS 2015 
AVERAGE                  25.15  positive 4   AVERAGE    1.04 
Prev. Quarter            22.14  neutral  1   Prev. Year 0.95 
+/- in %                   +14  negative 0   +/- in %    +10 
 
MEDIAN                   25.60               MEDIAN     1.04 
Maximum                  26.50               Maximum    1.08 
Minimum                  22.90               Minimum    1.02 
Amount                       4               Amount        4 
 
Barclays                 25.70  Overweight              1.05 
Credit Suisse            25.50  Outperform              1.02 
Deutsche Bank            26.50  Buy                     1.08 
Keefe, Bruyette & Woods  22.90  Market perform          1.02 
Morgan Stanley              --  Overweight                -- 
=== 

Year-earlier figures are as reported by the company.

(a) Annual Premium Equivalent.

(b) Property & Casualty.

DJG/voi 

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