A statement released earlier today by Barclays Capital about American International Group (NYSE:AIG) bumps the target price to $68.00
- Updated: September 30, 2016
Boasting a price of $59.54, American International Group (NYSE:AIG) traded 2.01% higher on the day. With the last stock price close up 6.58% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. American International Group has recorded a 50-day average of $58.88 and a two hundred day average of $55.90. Volume of trade was down over the average, with 4,489,747 shares of AIG changing hands under the typical 5,760,130
Barclays Capital bumped up the target of American International Group (NYSE:AIG) to $68.00 stating a potential upside of 0.14%.
On 8/22/2016, BMO Capital Markets released a statement for American International Group (NYSE:AIG) bumped up the target price from $58.86 to $64.00 that suggested an upside of 0.09%.
With a total market value of $0, American International Group has with a one year low of $48.41 and a one year high of $64.31 .
A total of 17 equity analysts have released a ratings update on AIG. Seven equity analysts rating the company a strong buy, six equity analysts rating the company a buy, nine equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $63.18.
Brief Synopsis About American International Group (NYSE:AIG)
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 to customers in over 100 countries and jurisdictions. The Company operates through two segments: Commercial Insurance and Consumer Insurance, as well as a Corporate and Other category. Commercial Insurance has three operating segments: Property Casualty, Mortgage Guaranty and Institutional Markets. Commercial Insurance segment is a provider of insurance products and services for commercial and institutional customers. Consumer Insurance also has three operating segments: Retirement, Life and Personal Insurance. Consumer Insurance is a franchise that offers a portfolio of retirement, life insurance and property casualty products through multiple distribution networks. Corporate and Other includes the Company, as well as certain legacy assets and run-off insurance businesses.
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