American International Group Inc (AIG) was Reiterated by UBS to “Neutral” according to the research note released today. The brokerage firm has raised the Price Target to $ 57 from a previous price target of $55 . UBS advised their investors in a research report released on May 5, 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. American International Group Inc was Upgraded by Atlantic Equities to ” Neutral” on Mar 22, 2016. Shares were Reiterated by Deutsche Bank on Mar 11, 2016 to “Hold” and Lowered the Price Target to $ 56 from a previous price target of $57 .
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 closed down -1.09 points or -1.95% at $54.85 with 91,38,756 shares getting traded on Wednesday. Post opening the session at $55.33, the shares hit an intraday low of $54.45 and an intraday high of $55.45 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
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.