In a report released today, Nigel Dally from Morgan Stanley maintained a Buy rating on AXA Equitable Holdings Inc (EQH), with a price target of $27. The company’s shares closed last Monday at $20.30.
According to TipRanks.com, Dally is a 4-star analyst with an average return of 9.8% and a 60.9% success rate. Dally covers the Financial sector, focusing on stocks such as Brighthouse Financial Inc, Prudential Financial Inc, and Lincoln National Corp.
AXA Equitable Holdings Inc has an analyst consensus of Strong Buy, with a price target consensus of $25.75, representing a 26.5% upside. In a report issued on August 9, RBC Capital also maintained a Buy rating on the stock with a $26 price target.
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Based on AXA Equitable Holdings Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $3.4 billion and net profit of $363 million. In comparison, last year the company earned revenue of $2.96 billion and had a net profit of $158 million.
Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EQH in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
AXA Equitable Holdings, Inc. operates as a financial services company. The company provides solutions for Americans to set & meet the retirement goals and protect & transfer the wealth across generations. It operates through the following segments: Individual Retirement, Investment Management and Research, Group Retirement, and Protection Solutions.
