American International Group (AIG) Receives ‘Analyst’ Rating

American International Group (AIG) : The consensus on American International Group (AIG) based on 12 analyst recommendation on the company stock is 2.08, 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. 6 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 most positive equity analysts on American International Group (AIG) expects the shares to touch $74, whereas, the least positive believes that the stock will trade at $57 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $62.9 with an expected fluctuation of $5.13 from the mean.


Also, BMO Capital maintains their rating on the shares of American International Group (NYSE:AIG). The current rating of the shares is Market Perform. Equity Analysts at the Firm raises the price target to $64 per share from $58.86 per share. The rating by the firm was issued on August 22, 2016.

American International Group (NYSE:AIG): After opening at $58, the stock dipped to an intraday low of $57.88 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $58.9 and the buying power remained strong till the end. The stock closed at $58.59 for the day, a gain of 0.88% for the day session. The total traded volume was 6,574,740. The stocks close on the previous trading day was $58.08.

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.

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