Piper Sandler analyst Andrew Liesch 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 $56.78.
Liesch covers the Financial sector, focusing on stocks such as Heartland Financial USA, Bank Of Hawaii, and Axos Financial. According to TipRanks, Liesch has an average return of 5.6% and a 50.54% success rate on recommended stocks.
In addition to Piper Sandler, Axos Financial also received a Buy from KBW’s Michael Perito in a report issued yesterday. However, today, Wedbush maintained a Hold rating on Axos Financial (NYSE: AX).
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AX market cap is currently $3.28B and has a P/E ratio of 10.31.
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.
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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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