Zacks Investment Research downgraded American International Group Inc (NYSE:AIG) to Hold in a report released today.
- Updated: October 6, 2016
Zacks Investment Research has downgraded American International Group Inc (NYSE:AIG) to Hold in a report released on 10/06/2016.
Previously on 10/04/2016, Zacks Investment Research released a statement on American International Group Inc (NYSE:AIG) increased the target price from $0.00 to $66.00. At the time, this indicated a possible upside of 0.12%.
Having a price of $60.04, American International Group Inc (NYSE:AIG) traded 0.22% higher on the day. The last closing price is up 7.02% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the date range. American International Group Inc has recorded a 50-day moving average of $58.90 and a 200-day moving average of $56.09. 2,537,704 shares of the stock were exchanged, down from an average volume of 5,611,070
With a market cap of $0, American International Group Inc has 52 week low of $48.41 and a 52 week high of $64.31 .
A total of 17 analysts have released a report on American International Group Inc. Seven analysts rating the company a strong buy, six analysts rating the company a buy, nine brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $63.18.
General Information About American International Group Inc (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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