American International Group (AIG) : Analyst Rating Update

American International Group (AIG) has an average broker rating of 2.14, which is interpreted as a Buy, as rated by 14 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell.

American International Group (AIG) : The highest short term price target forecast on American International Group (AIG) is $66 and the lowest target price is $53. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $60.5 with a standard deviation of $4.38.

American International Group (NYSE:AIG): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $50.94 and $50.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $51.29. The buying momentum continued till the end and the stock did not give up its gains. It closed at $51.26, notching a gain of 0.10% for the day. The total traded volume was 8,320,218 . The stock had closed at $51.21 on the previous day.

Also, Equity analysts at the Brokerage firm Atlantic Equities upgrades its rating on American International Group (NYSE:AIG). The rating major has initiated the coverage with overweight rating on the shares. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on June 30, 2016. The company shares have dropped -16.27% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $64.93 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $55.00 and the 200 Day Moving Average price is recorded at $55.00.

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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