Axis Capital (AXS) Receives a Hold from Wells Fargo


Wells Fargo analyst Elyse Greenspan maintained a Hold rating on Axis Capital (AXS) today and set a price target of $58. The company’s shares closed yesterday at $56.98.

According to TipRanks.com, Greenspan is a 3-star analyst with an average return of 3.3% and a 62.3% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Renaissancere Holdings Ltd.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Axis Capital with a $61 average price target.

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Axis Capital’s market cap is currently $4.76B and has a P/E ratio of 7305.13. The company has a Price to Book ratio of 1.12.

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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 property, marine, terrorism, aviation, political risk, professional lines, liability, and accident, and health insurance products.

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