American International Group (AIG) : Traders are bullish on American International Group (AIG) as it has outperformed the S&P 500 by a wide margin of 8.64% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.93%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.27% in the last 1 week, and is up 8.41% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.36% and the fifty day Moving Average is 6.83%. American International Group, Inc. is up 1.77% in the last three month period. Year-to-Date the stock performance stands at -3.62%.
American International Group (AIG) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $74 and the lowest price target forecast is $57. The average forecast of all the analysts is $62.9 and the expected standard deviation is $5.13.
American International Group (NYSE:AIG): stock turned positive on Friday. Though the stock opened at $59.17, the bulls momentum made the stock top out at $59.5 level for the day. The stock recorded a low of $58.7 and closed the trading day at $59.02, in the green by 0.14%. The total traded volume for the day was 3,951,215. The stock had closed at $58.94 in the previous days trading.
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.