In a report released today, Elyse Greenspan from Wells Fargo maintained a Hold rating on Axis Capital (AXS). The company’s shares opened today at $52.80.
According to TipRanks.com, Greenspan is a 2-star analyst with an average return of 0.4% and a 45.4% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Renaissancere Holdings Ltd, and Marsh & Mclennan Companies.
Currently, the analyst consensus on Axis Capital is a Hold with an average price target of $61.50.
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Based on Axis Capital’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $54.1 million. In comparison, last year the company had a GAAP net loss of $27.43 million.
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AXIS Capital Holdings Ltd. engages in the provision of various insurance and reinsurance products and services. It operates through the Insurance and Reinsurance segments. The Insurance segment offers specialty insurance products to a variety of niche markets.
