FRANKFURT--The following is a summary of analysts' forecasts for AXA SA (CS.FR) 1st half-year results, based on a poll of four analysts conducted by Dow Jones Newswires (figures in million euros, EPS, dividend and target price in EUR, combined ratio in percent, according to IFRS). Earnings figures are scheduled to be released August 4.

=== 
                   Net         Net Combined 
                attrib.     Income    Ratio 
1st half-year   income  underlying   P&C(a) 
AVERAGE          3,080       2,935     95.0 
Prev. Year       3,008       2,777     95.8 
+/- in %          +2.4        +5.7     -0.8 
 
Amount               3           4        4 
 
Baader-Helvea    3,033       2,851       96 
Bankhaus Lampe      --       2,910       96 
Berenberg        2,907       2,827       95 
UBS              3,300       3,150       94 
 
        Target price  Rating 
UBS            23.20  Neutral 
Baader-Helvea  24.00  Buy 
=== 

Year-earlier figures are as reported by the company.

(a) Property & Casualty.

DJG/mus 

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