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AXIS Capital Holdings (NYSE:AXS)‘s stock had its “sell” rating reiterated by equities research analysts at Deutsche Bank in a research note issued to investors on Tuesday, StockRatingsNetwork reports. They currently have a $40.00 price objective on the stock, down from their previous price objective of $41.00. Deutsche Bank’s price target indicates a potential downside of 8.11% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. initiated coverage on shares of AXIS Capital Holdings in a research note on Wednesday, February 12th. They set a “sell” rating and a $43.39 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of AXIS Capital Holdings in a research note on Thursday, February 6th. They now have a $45.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of AXIS Capital Holdings in a research note on Tuesday, January 14th. They now have a $48.00 price target on the stock. Two analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $47.30.

AXIS Capital Holdings (NYSE:AXS) traded up 0.83% on Tuesday, hitting $43.89. The stock had a trading volume of 681,495 shares. AXIS Capital Holdings has a one year low of $39.94 and a one year high of $49.75. The stock has a 50-day moving average of $45.17 and a 200-day moving average of $45.39. The company has a market cap of $4.805 billion and a price-to-earnings ratio of 7.34.

AXIS Capital Holdings (NYSE:AXS) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $1.41 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.30 by $0.11. The company had revenue of $1.08 million for the quarter, compared to the consensus estimate of $1.05 million. During the same quarter last year, the company posted ($0.23) earnings per share. On average, analysts predict that AXIS Capital Holdings will post $4.59 earnings per share for the current fiscal year.

AXIS Capital Holdings Limited is a holding company for the AXIS group of companies. The Company provides a range of specialty (NYSE:AXS)insurance on a worldwide basis, through operating subsidiaries and branch networks based in Bermuda, the United States, Canada, Europe, Australia and Singapore.

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