Jefferies has increased its price target for Axis Capital (AXS, Financial), setting it at $119, up from the previous target of $116. The firm maintains a Buy rating for the stock, emphasizing the company's strong financial foundation and defensive stance within the property and casualty insurance sector.
According to Jefferies, tariff-related risks are considered manageable due to the group's well-capitalized position. The firm highlights that auto insurers possess the agility to adjust prices swiftly, while concerns about loss cost inflation are already a significant focus for the commercial segment. Any potential impact from tariffs is expected to encourage further prudence among insurers.
Jefferies does not anticipate any significant effects from tariffs in the first quarter and remains optimistic about the prospects for personal insurance lines.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Axis Capital Holdings Ltd (AXS, Financial) is $108.63 with a high estimate of $127.00 and a low estimate of $94.00. The average target implies an upside of 18.83% from the current price of $91.41. More detailed estimate data can be found on the Axis Capital Holdings Ltd (AXS) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Axis Capital Holdings Ltd's (AXS, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Axis Capital Holdings Ltd (AXS, Financial) in one year is $69.37, suggesting a downside of 24.11% from the current price of $91.41. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Axis Capital Holdings Ltd (AXS) Summary page.
