In a report released today, Harry Fong from Roth MKM maintained a Buy rating on Axis Capital (AXS – Research Report), with a price target of $110.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Fong is a 5-star analyst with an average return of 14.2% and a 70.87% success rate. Fong covers the Financial sector, focusing on stocks such as Allstate, Cincinnati Financial, and Arch Capital Group.
In a report released today, KBW also maintained a Buy rating on the stock with a $114.00 price target.
The company has a one-year high of $101.42 and a one-year low of $63.38. Currently, Axis Capital has an average volume of 738.2K.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AXS in relation to earlier this year.
Read More on AXS:
- Axis Capital: Strong Financial Performance and Strategic Initiatives Drive Buy Rating and Raised Price Objective
- Axis Capital reports Q1 operating EPS $3.17, consensus $2.69
- AXS Earnings this Week: How Will it Perform?
- AXIS Capital Completes Major Loss Portfolio Transfer
- Axis Capital Announces Resignation of Key Officer