Published on 21 Oct 2023 on Zacks · via Yahoo Finance
Axa Sa (AXAHY) Moves to Buy: Rationale Behind the Upgrade
Axa Sa (AXAHY) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.
The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.