American International Group (AIG) Receives Price Target

American International Group (AIG) : The highest short term price target forecast on American International Group (AIG) is $74 and the lowest target price is $57. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $62.9 with a standard deviation of $5.13.

American International Group (AIG) : Zacks Investment Research ranks American International Group (AIG) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 2.08, which indicates as a Buy.


Also, Equity Analysts at the Brokerage Firm, BMO Capital, maintains their rating on the shares of American International Group (NYSE:AIG). BMO Capital has a Market Perform rating on the shares. As per the latest research report, the brokerage house raises the price target to $64 per share from a prior target of $58.86. The rating by the firm was issued on August 22, 2016.

American International Group (NYSE:AIG): The stock opened at $59.91 on Thursday but the bulls could not build on the opening and the stock topped out at $59.99 for the day. The stock traded down to $58.99 during the day, due to lack of any buying support eventually closed down at $59.41 with a loss of -0.70% for the day. The stock had closed at $59.83 on the previous day. The total traded volume was 4,677,348 shares.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.