American International Group Rating Increased to Buy at Sandler O’Neill (AIG)
AIG has been the subject of a number of other recent research reports. Analysts at Goldman Sachs (NYSE: GS) upgraded shares of American International Group from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday, May 9th. They now have a $40.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of American International Group in a research note to investors on Monday, May 7th. They now have a $34.00 price target on the stock. Finally, analysts at UBS AG (NYSE: UBS) raised their price target on shares of American International Group to $34.00 in a research note to investors on Friday, May 4th. They now have a “neutral” rating on the stock.
Shares of American International Group traded up 0.31% during mid-day trading on Wednesday, hitting $28.98. American International Group has a one year low of $19.18 and a one year high of $34.91. The company has a market cap of $51.991 billion and a P/E ratio of 2.76.
American International Group last issued its quarterly earnings data on Thursday, May 3rd. The company reported $1.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.74. On average, analysts predict that American International Group will post $0.60 earnings per share next quarter.
American International Group, Inc. (AIG) is an international insurance company, serving customers in more than 130 countries.