Morgan Stanley (NYSE:MS) analyst Michael Phillips CFA maintained a Hold rating on Axis Capital (NYSE:AXS) Holdings on Friday, setting a price target of $57, which is approximately 6.78% above the present share price of $53.38.
Phillips CFA expects Axis Capital Holdings to post earnings per share (EPS) of -$0.06 for the second quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Sell rating of shares in Axis Capital, with an average price target of $53.33.
The analysts price targets range from a high of $57 to a low of $51.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $1.2 billion and a net profit of $0. The company's market cap is $4.52 billion.
According to TipRanks.com, Morgan Stanley analyst Michael Phillips CFA is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 21.5% and a 75.00% success rate.
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. The Reinsurance segment provides non-life treaty reinsurance to insurance companies. The company was founded on December 9, 2002 and is headquartered in Pembroke, Bermuda.