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Analysts Offer Insights on Financial Companies: AXA SA (GB:0HAR), Commonwealth Bank of Australia (AU:CBA) and ING GROEP (GB:0RIC)

Analysts have been eager to weigh in on the Financial sector with new ratings on AXA SA (GB:0HARResearch Report), Commonwealth Bank of Australia (AU:CBAResearch Report) and ING GROEP (GB:0RICResearch Report).

AXA SA (GB:0HAR)

UBS analyst William Hardcastle maintained a Buy rating on AXA SA yesterday and set a price target of EUR35.00. The company’s shares closed yesterday at EUR30.60.

Hardcastle has an average return of 8.8% when recommending AXA SA.

According to TipRanks.com, Hardcastle is ranked #3990 out of 8720 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for AXA SA with an EUR35.77 average price target, a 19.2% upside from current levels. In a report issued on February 8, Berenberg Bank also maintained a Buy rating on the stock with a EUR40.00 price target.

See today’s best-performing stocks on TipRanks >>

Commonwealth Bank of Australia (AU:CBA)

In a report released yesterday, Andrew Lyons from Goldman Sachs assigned a Sell rating to Commonwealth Bank of Australia, with a price target of A$81.98. The company’s shares closed last Thursday at A$114.25.

According to TipRanks.com, Lyons is a 3-star analyst with an average return of 3.4% and a 47.1% success rate. Lyons covers the Financial sector, focusing on stocks such as National Australia Bank Limited, Bendigo & Adelaide Bank Ltd., and Bank of Queensland Limited.

The word on The Street in general, suggests a Strong Sell analyst consensus rating for Commonwealth Bank of Australia with an A$93.11 average price target, a -17.9% downside from current levels. In a report issued on February 2, CLSA also maintained a Sell rating on the stock with a A$110.00 price target.

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