Brokerage Firm Rating Update on American International Group (AIG)

American International Group (AIG) : 5 brokerage houses believe that American International Group (AIG) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on American International Group (AIG). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 12 Wall Street Analysts endorse the stock as a Buy with a rating of 2.08.

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.


For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, BMO Capital maintains its outlook on American International Group (NYSE:AIG). The current rating of the shares is Market Perform, according to the research report released by the firm. The brokerage firm raises the price target from $58.86 per share to $64 per share. The rating by the firm was issued on August 22, 2016.

American International Group (NYSE:AIG): stock was range-bound between the intraday low of $58.94 and the intraday high of $59.51 after having opened at $59.32 on Wednesdays session. The stock finally closed in the red at $59.32, a loss of -0.13%. The stock remained in the red for the whole trading day. The total traded volume was 4,488,233 shares. The stock failed to cross $59.51 in Wednesdays trading. The stocks closing price on Thursday was $59.45.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *