AXA’s share price has recently experienced a sharp pull‑back, bringing it back into focus around a crucial support zone near €37.51. This level could act as a springboard for a technical bounce toward the €41 mark.
Beyond the chart, the insurer’s fundamentals remain solid, reinforcing the case for a potential recovery. Investors looking to capitalize on this move may consider the Vontobel call warrant SO32V, currently trading at €0.62.
The warrant offers an attractive upside of roughly 40% if AXA climbs back to the target range, while its built‑in knockout level—initially set around €36.50—caps the downside risk at about 20%.
We continue to monitor the product closely and will update our recommendation as market conditions evolve. All price targets and knockout thresholds are provided for informational purposes and may be adjusted according to our latest outlook.
