FBR & Co. announced American Intl (NYSE:AIG), bumping up its stock price target to $64.00 today
- Updated: November 27, 2016
Boasting a price of $64.44, American Intl (NYSE:AIG) traded 0.17% higher on the day. With the last stock price close up 11.53% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. American Intl has recorded a 50-day average of $61.40 and a two hundred day average of $57.78. Volume of trade was down over the average, with 2,073,964 shares of AIG changing hands under the typical 6,544,050
In a statement issued on 11/28/2016 FBR & Co. upped the price target of American Intl (NYSE:AIG) from $57.00 to $64.00 stating a potential downside of -0.01%.
On Friday February 26, 2016, FBR Capital released a statement for American Intl (NYSE:AIG) bumped down the target price from $62.00 to $56.00 that suggested an upside of 0.09%.
With a total market value of $0, American Intl has price-earnings ratio of 209.90 with a one year low of $48.41 and a one year high of $64.72 .
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 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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