American International Group Inc (AIG) was Reiterated by FBR Capital to “Mkt Perform” while Lowering the Price Target of the company shares to $ 53 from a previous price target of $56 . FBR Capital advised their investors in a research report released on May 10, 2016.
Many Wall Street Analysts have commented on American International Group Inc. American International Group Inc was Resumed by Morgan Stanley to “Equal-Weight” on May 5, 2016. Company shares were Reiterated by UBS on May 5, 2016 to “Neutral”, Firm has raised the Price Target to $ 57 from a previous price target of $55 .American International Group Inc was Upgraded by Atlantic Equities to ” Neutral” on Mar 22, 2016.
On the company’s financial health, American International Group Inc reported $0.65 EPS for the quarter, missing the analyst consensus estimate by $ -0.35 based on the information available during the earnings call on May 2, 2016. Analyst had a consensus of $1.00.Analysts expectations of $ 13749.00.During the same quarter in the previous year, the company posted $1.22 EPS.
American International Group Inc opened for trading at $54.44 and hit $55.085 on the upside on Friday, eventually ending the session at $55.04, with a gain of 0.42% or 0.23 points. The heightened volatility saw the trading volume jump to 68,87,673 shares. Company has a market cap of $61,592 M.
In a different news, on May 5, 2015, Peter R. Fisher (director) purchased 4,280 shares at $57.99 per share price. According to the SEC, on Mar 11, 2015, Ronald Eric Jr Martinez (Executive Vice President) sold 10,000 shares at $56.20 per share price. On Feb 26, 2015, Jeffrey J Hurd (Executive Vice President) sold 26,810 shares at $54.98 per share price, according to the Form-4 filing with the securities and exchange commission.
American International Group Inc. (AIG) is an insurance company. The Company provides a range of property casualty insurance life insurance retirement products mortgage insurance and other financial services. Its various offerings include products and services that help businesses and individuals protect their assets manage risks and provide for retirement security. The Company’s AIG Global Benefits Network provides administrative and marketing services to insurance companies offering benefit solutions to multinational employers. AIG Global Benefits Network can develop global benefit plan solutions for multinational clients by tapping the coverage options offered by carriers throughout the network. AIG operates through two segments: Commercial Insurance and Consumer Insurance. Commercial Insurance is a provider of insurance products and services for commercial and institutional customers.