A statement released earlier today by Credit Suisse about American Intl (NYSE:AIG) raises the target price to $60.00
- Updated: October 7, 2016
American Intl (NYSE:AIG) had its stock price target increased to $60.00 by Credit Suisse in an issued report issued 10/7/2016. The updated stock price target indicates steady performance relative to the company's most recent close.
Having a price of $59.95, American Intl (NYSE:AIG) traded 0.22% higher on the day. With the last close up 7.02% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. American Intl has recorded a 50-day average of $58.90 and a two hundred day average of $56.09. Volume of trade was down over the average, with 2,537,704 shares of AIG changing hands under the typical 5,611,070
With a total market value of $0, American Intl has with a one year low of $48.41 and a one year high of $64.31 .
A total of 17 firms have issued a research note on the company. Seven brokerages rating the company a strong buy, six analysts rating the company a buy, 9 brokers rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the company a sell with a one year target of $63.18.
Brief Synopsis About American Intl (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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