Press coverage about Axis Capital Holdings Limited (NYSE:AXS) has trended somewhat positive on Friday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Axis Capital Holdings Limited earned a news impact score of 0.21 on Accern’s scale. Accern also assigned media stories about the insurance provider an impact score of 47.3034527829977 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several equities analysts recently issued reports on AXS shares. Bank of America Corporation decreased their price objective on Axis Capital Holdings Limited from $73.00 to $67.00 and set a “buy” rating for the company in a research report on Friday, October 13th. ValuEngine lowered Axis Capital Holdings Limited from a “hold” rating to a “sell” rating in a research report on Friday, October 6th. Zacks Investment Research upgraded Axis Capital Holdings Limited from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. Morgan Stanley decreased their price objective on Axis Capital Holdings Limited from $70.00 to $61.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 31st. Finally, Citigroup Inc. decreased their price objective on Axis Capital Holdings Limited from $59.00 to $58.00 and set a “neutral” rating for the company in a research report on Monday, October 2nd. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $61.45.
Shares of Axis Capital Holdings Limited (AXS) traded down $0.06 on Friday, hitting $51.60. The company had a trading volume of 295,593 shares, compared to its average volume of 535,125. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.51 and a quick ratio of 0.51. Axis Capital Holdings Limited has a 1-year low of $51.20 and a 1-year high of $71.06.
About Axis Capital Holdings Limited
AXIS Capital Holdings Limited is a holding company. The Company provides a range of specialty (re)insurance, through subsidiaries and branch networks- based in Bermuda, the United States, Canada, Europe and Singapore. Its business consists of two global underwriting platforms: AXIS Insurance and AXIS Re.
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