Zacks Rating on Axis Capital Holdings Limited (AXS)

Axis Capital Holdings Limited (AXS) : 1 brokerage houses believe that Axis Capital Holdings Limited (AXS) is a Strong Buy at current levels. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Axis Capital Holdings Limited (AXS). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 8 Wall Street Analysts endorse the stock as a Hold with a rating of 2.75.

Axis Capital Holdings Limited (AXS) stock is expected to deviate a maximum of $4.51 from the average target price of $59.5 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $65 and the most muted being $54.


AXIS Capital Holdings Limited has dropped 0.11% in the last five trading days, however, the shares have posted positive gains of 3.38% in the last 4 weeks. AXIS Capital Holdings Limited is up 2.08% in the last 3-month period. Year-to-Date the stock performance stands at 0.21%. Axis Capital Holdings Limited (NYSE:AXS): On Tuesdays trading session , Opening price of the stock was $55.99 with an intraday high of $56.14. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $55.56. However, the stock managed to close at $55.6, a loss of 0.57% for the day. On the previous day, the stock had closed at $55.92. The total traded volume of the day was 420,487 shares.

AXIS Capital Holdings Limited is a Bermuda-based holding company for the AXIS group of companies. The Company provides a range of specialty (re)insurance, through operating subsidiaries and branch networks -based in Bermuda, the United States, Canada, Europe, Australia and Singapore. The Company operates in to segments: AXIS Insurance and AXIS Re. The Company also has marketing offices in Brazil, France and Spain. The lines of business in insurance segment include property, marine, terrorism, aviation, credit and political risk, professional lines, liability and accident and health. The reinsurance segment provides non-life reinsurance to insurance companies. The lines of business in insurance segment include catastrophe; property; professional lines; credit and surety; motor; liability; engineering; agriculture, among others.

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