Axa SA Full-year 2015 -- Forecast

FRANKFURT--The following is a summary of analysts' forecasts for Axa SA (CS.FR) full year results, based on a poll of five analysts conducted by Dow Jones Newswires (figures in million euros, EPS, dividend and target price in euro, combined ratio in percent, according to IFRS). Earnings figures are scheduled to be released February 25.

=== 
              Net attrib.    Net Inc.  Net Inc. 
Full year         income  underlying  adjusted     EPS 
AVERAGE            5,609       5,658     6,213    2.19 
Prev. Year         5,024       5,060     5,503    1.94 
+/- in %             +12         +12       +13     +13 
 
MEDIAN             5,552       5,621     6,249    2.15 
Maximum            5,874       5,938     6,413    2.30 
Minimum            5,277       5,508     5,940    2.15 
Amount                 5           5         4       4 
 
Baader-Helvea      5,519       5,594        --    2.15 
Bankhaus Lampe     5,874       5,938     6,413    2.30 
KBW                5,277       5,508     5,940    2.15 
Morgan Stanley     5,552       5,627     6,377      -- 
UBS                5,823       5,621     6,121    2.15 
 
             Comb. Ratio 
Full year         P&C(a) 
AVERAGE             96.1 
Prev. Year          96.9 
+/- in %            -0.8 
 
MEDIAN              96.0 
Maximum             96.8 
Minimum             95.8 
Amount                 5 
 
Baader-Helvea       95.8 
Bankhaus Lampe      96.8 
KBW                 95.8 
Morgan Stanley      96.2 
UBS                 96.0 
 
          Target price  Rating                     DPS 2015 
AVERAGE          24.78  positive 3    AVERAGE          1.10 
Prev. Quarter    26.17  neutral  2    Prev. Year       0.95 
+/- in %         -5.3   negative 0    +/- in %          +16 
 
MEDIAN           24.60                MEDIAN           1.10 
Maximum          27.00                Maximum          1.15 
Minimum          22.90                Minimum          1.05 
Amount               4                Amount              4 
 
Baader-Helvea    26.00  Buy                            1.10 
Bankhaus Lampe   27.00  Buy                            1.15 
KBW              22.90  Market perform                 1.05 
Morgan Stanley      --  Overweight                       -- 
UBS              23.20  Neutral                        1.09 
=== 

Year-earlier figures are as reported by the company.

(a) Property & Casualty.

DJG/err 

(END) Dow Jones Newswires

February 23, 2016 07:58 ET (12:58 GMT)

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