D.A. Davidson analyst Gary Tenner maintained a Buy rating on Axos Financial (AX – Research Report) today and set a price target of $65.00. The company’s shares closed yesterday at $52.97.
Tenner covers the Financial sector, focusing on stocks such as Axos Financial, East West Bancorp, and Pacific Premier Bancorp. According to TipRanks, Tenner has an average return of 17.0% and a 70.44% success rate on recommended stocks.
Currently, the analyst consensus on Axos Financial is a Strong Buy with an average price target of $58.25.
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AX market cap is currently $3.06B and has a P/E ratio of 9.61.
Based on the recent corporate insider activity of 144 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AX in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Axos Financial (AX) Company Description:
Axos Financial, Inc. is a holding company, which engages in the provision of banking and financing services. It operates through the following segments: Banking Business, Securities Business, and Corporate. The Banking Business segment includes online banking, concierge banking, prepaid card services, and mortgage, vehicle, and unsecured lending through online and telephonic distribution channels. The Securities Business segment involves the clearing broker-dealer, registered investment advisor, and introducing broker-dealer lines of businesses. The company was founded on July 6, 1999 and is headquartered in Las Vegas, NV.
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