FRANKFURT--The following is a summary of analysts' forecasts for
AXA SA (CS.FR) 1st half-year results, based on a poll of eight
analysts conducted by Dow Jones Newswires (figures in million
euros, dividend and target price in EUR, comb. Ratio in percent,
according to IFRS). Earnings figures are scheduled to be released
August 1.
===
Net
Total APE Revenues attrib. Net Inc.
1st half-year Revenues (a) P&C(b) income underlying
AVERAGE 49,713 3,138 16,452 2,673 2,531
Prev. Year 50,044 3,310 16,497 2,467 2,579
+/- in % -0.7 -5.2 -0.3 +8.4 -1.9
MEDIAN 49,750 3,160 16,830 2,683 2,525
Maximum 49,899 3,196 16,998 2,805 2,735
Minimum 49,490 3,035 14,794 2,536 2,340
Amount 3 4 5 8 8
Bankhaus Lampe 49,490 3,035 16,830 2,635 2,515
Berenberg 49,750 3,180 16,750 2,724 2,735
Bryan Garnier -- 3,140 14,794 2,675 2,575
Citigroup -- -- -- 2,731 2,484
Credit Suisse -- -- -- 2,805 2,535
Helvea -- -- -- 2,691 2,556
Kepler Cheuvreux -- -- 16,998 2,590 2,340
Morgan Stanley 49,899 3,196 16,888 2,536 2,509
Net Inc. Comb. Ratio
1st half-year adjusted P&C(b)
AVERAGE 2,755 96.1
Prev. Year 2,954 95.7
+/- in % -6.7 +0.4
MEDIAN 2,778 96.1
Maximum 2,910 96.7
Minimum 2,590 94.9
Amount 7 8
Bankhaus Lampe 2,715 96.5
Berenberg 2,910 94.9
Bryan Garnier 2,800 96.0
Citigroup 2,691 96.4
Credit Suisse 2,778 95.9
Helvea -- 95.9
Kepler Cheuvreux 2,590 96.7
Morgan Stanley 2,802 96.1
Target price Rating DPS 2014
AVERAGE 21.08 positive 3 AVERAGE 0.86
Prev. Quarter 21.95 neutral 2 Prev. Year 0.81
+/- in % -4.0 negative 0 +/- in % +6.6
MEDIAN 21.10 MEDIAN 0.87
Maximum 23.00 Maximum 0.88
Minimum 19.30 Minimum 0.84
Amount 5 Amount 3
Bryan Garnier 23.00 Buy 0.84
Citigroup 22.50 Buy 0.87
Credit Suisse 21.10 Outperform 0.88
Helvea 19.50 Hold --
Kepler Cheuvreux 19.30 Hold --
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Year-earlier figures are as reported by the company.
(a) Annual Premium Equivalent.
(b) Property & Casualty.
DJG/voi
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