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Stock impact report

Axis Capital (AXS) Extends $300 Million Credit Facility With Citibank Europe [Yahoo! Finance]

Axis Capital Holdings Limited (AXS) 
Last axis capital holdings limited earnings: 1/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: axiscapital.com
Company Research Source: Yahoo! Finance
As of the April 6 close, AXIS Capital Holdings Ltd. (NYSE:AXS) had a strongly bullish consensus sentiment. The stock received coverage from 9 analysts, 8 of whom assigned Buy ratings and 1 gave a Hold call. With no Sell rating, it has a projected median 1-year price target of $126, which yields more than 24% upside potential at the current level. On March 26, Axis Capital Holdings Ltd. (NYSE:AXS) announced amendments to its ongoing secured letter of credit facility worth $300 million with Citibank Europe. As per the amendment, the tenor of this facility has been extended up to March 31, 2027. The amendment covers subsidiaries including AXIS Insurance Company, AXIS Surplus Insurance Company, AXIS Specialty Europe SE, AXIS Re SE, and AXIS Reinsurance Company. On March 26, AXIS Capital Holdings Ltd. (NYSE:AXS) announced the appointment of Matthew Kirk as the Chief Financial Officer. The appointment, which takes effect on March 31, completes a planned change in leadership that was Show less Read more
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