Wells Fargo Reaffirms Their Hold Rating on Axis Capital (AXS)


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 opened today at $55.41.

According to TipRanks.com, Greenspan is a 3-star analyst with an average return of 1.2% and a 47.8% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Renaissancere Holdings Ltd, and AXA Equitable Holdings Inc.

The word on The Street in general, suggests a Hold analyst consensus rating for Axis Capital with a $61.50 average price target.

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Axis Capital’s market cap is currently $4.57B and has a P/E ratio of 28.86. The company has a Price to Book ratio of 1.03.

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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.

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