American International Group (AIG) : The consensus on American International Group (AIG) based on 13 analyst recommendation on the company stock is 2.15, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
American International Group (AIG) : The highest level American International Group (AIG) is projected to reach is $74 for the short term and the lowest estimate is at $53. The consolidated price target from 10 rating analysts who initiate coverage on the stock is $62.1 and the possibility the share price can swing is $5.82.
For the current week, the company shares have a recommendation consensus of Buy. American International Group (NYSE:AIG): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $59.20 and $59.14 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $59.55. The buying momentum continued till the end and the stock did not give up its gains. It closed at $59.18, notching a gain of 0.31% for the day. The total traded volume was 3,444,443 . The stock had closed at $59.00 on the previous day.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of American International Group Inc, Fisher Peter R., had purchased 4,280 shares in a transaction dated on May 5, 2015. The transaction was executed at $57.99 per share with total amount equaling $248,197.
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 Companys 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.