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Axis Capital Holdings Limited 6.4% Potential Decrease Now Implied by UBS

Axis Capital Holdings Limited using SYMBOL/TICKER code NYSE:AXS has had its stock rating noted as ‘Downgrade’ with the recommendation being set at ‘SELL’ yesterday by research analysts at UBS. Axis Capital Holdings Limited are listed in the Finance sector within NYSE. UBS have set their target price at 61 USD on its stock. This would imply the analyst believes there is a potential downside of 6.4% from the opening price of 65.17 USD.

 

Axis Capital Holdings Limited NYSE:AXS has a 50 day moving average of 62.92 USD and the 200 Day Moving Average price is recorded at 57.09 USD. The 52 week high for the stock is 66.23 USD while the 52 week low is 51.01 USD. Over the last 30 and 90 trading days the company share price has increased 3.78 points and increased 8.54 points respectively. There are currently 88,903,429 shares in issue with the average daily volume traded being 518,384. Market capitalisation for NYSE:AXS is $5,779,612,109.00 USD.

 

Axis Capital Holdings Limited is a holding company for the AXIS group of companies. The Company provides a range of specialty (re)insurance, through subsidiaries and branch networks- based in Bermuda, the United States, Canada, Europe, Australia and Singapore. It operates in two segments: AXIS Insurance and AXIS Re.

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