Axos Financial (NYSE:AX) had its target price dropped by analysts at Craig Hallum from $51.00 to $40.00 in a report issued on Wednesday, The Fly reports. The brokerage presently has a “buy” rating on the stock. Craig Hallum’s target price points to a potential upside of 31.75% from the stock’s current price.

Several other equities research analysts also recently weighed in on AX. Zacks Investment Research downgraded Axos Financial from a “hold” rating to a “sell” rating in a research report on Friday, December 7th. B. Riley set a $42.00 price target on Axos Financial and gave the company a “buy” rating in a report on Thursday, December 13th. ValuEngine downgraded Axos Financial from a “hold” rating to a “sell” rating in a report on Tuesday, December 18th. DA Davidson reduced their price target on Axos Financial to $40.00 and set a “buy” rating for the company in a report on Thursday, October 25th. Finally, Raymond James raised Axos Financial from an “outperform” rating to a “strong-buy” rating and set a $46.00 price target for the company in a report on Wednesday, October 3rd. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Axos Financial presently has a consensus rating of “Buy” and a consensus price target of $42.00.

Shares of NYSE AX opened at $30.36 on Wednesday. Axos Financial has a 1-year low of $23.87 and a 1-year high of $45.18. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $1.88 billion, a PE ratio of 11.72, a P/E/G ratio of 1.07 and a beta of 0.68.

About Axos Financial

Axos Financial, Inc operates as the holding company for BofI Federal Bank that provides consumer and business banking products in the United States. The company offers deposits products, including consumer and business checking, demand, savings, and time deposit accounts. It also provides single family and multifamily mortgage secured lending products; commercial real estate secured and commercial lending products; specialty finance factoring products; prime loans to customers secured by new and used automobiles; and term unsecured personal loans to individual borrowers, as well as overdraft lines of credit.

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