Goldman Sachs Lifts AXA Price Target to 50 Euros Amid Improved Earnings Projections
AXA stock has received a boost from Goldman Sachs, which has raised its price target for AXA to 50 euros. This increase reflects updated earnings estimates for AXA from 2027 to 2030, which the bank has increased by an average of 3.8 percent following an investor day presentation.
The median analyst target for AXA currently stands at 51 euros, implying a target price approximately 14.02 percent above the prevailing share price level. With Goldman Sachs reaffirming its Buy rating, this suggests that there is still upside based on the revised long-term assumptions.
A related technical note states that AXA stock has climbed nearly 5 percent over the past week and is targeting a resistance zone around 45 euros, underlining that the market has already started to price in some of the improved analyst sentiment.