Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
American International Group Inc Market Cap
From what 19 stock analysts predict, the share price for American International Group Inc (AIG) might increase by 15.17% in the next year. This is based on a 12-month average estimation for AIG. Price targets go from $77 to $90. The majority of stock analysts believe AIG is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
American International Group Inc has a total of 19 Wall St Analyst ratings. There are 10 buy ratings, 7 ratings, and 2 sell ratings. Since most analysts have a buy consensus rating, the expectation is that American International Group Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of AIG.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Alex Scott Barclays | Overweight | $90 | Initiates | Sep 4, 2024 |
| Joshua Jennings TD Cowen | Hold | $80 | Maintains | Aug 13, 2024 |
| Meyer Shields Keefe, Bruyette & Woods | Outperform | $90 | Maintains | Aug 12, 2024 |
| Elyse Greenspan Wells Fargo | Equal-Weight | $77 | Maintains | Aug 9, 2024 |
| Paul Newsome Piper Sandler | Overweight | $86 | Maintains | Aug 2, 2024 |
| Joshua Shanker B of A Securities | Neutral | $82 | Maintains | Aug 1, 2024 |
| Michael Ward Citigroup | Buy | $87 | Maintains | Jul 23, 2024 |
| Jimmy Bhullar JP Morgan | Neutral | $93 | Maintains | Jul 11, 2024 |
| Joshua Shanker B of A Securities | Neutral | $81 | Maintains | Jul 11, 2024 |
| Michael Phillips Morgan Stanley | Equal-Weight | $80 | Maintains | Jul 10, 2024 |
| Scott Heleniak RBC Capital | Outperform | $87 | Reiterates | Jul 9, 2024 |
Wells Fargo | Equal-Weight | Maintains | Jun 28, 2024 | |
| Meyer Shields Keefe, Bruyette & Woods | Outperform | $87 | Maintains | Jun 27, 2024 |
| David Motemaden Evercore ISI Group | In-Line | $78 | Maintains | Jun 27, 2024 |
| Joshua Shanker B of A Securities | Neutral | $84 | Maintains | Jun 11, 2024 |
| Vikram Gandhi HSBC | Hold | $86 | Downgrade | May 15, 2024 |
| Michael Zaremski BMO Capital | Outperform | $89 | Maintains | May 13, 2024 |
| Elyse Greenspan Wells Fargo | Equal-Weight | $82 | Maintains | May 10, 2024 |
| David Motemaden Evercore ISI Group | In-Line | $81 | Maintains | May 3, 2024 |
| Paul Newsome Piper Sandler | Overweight | $89 | Maintains | Apr 19, 2024 |
When did it IPO
1984
Staff Count
25,000
Country
United States
Sector/Industry
Financial Services/Insurance—Diversified
CEO
Mr. Peter Salvatore Zaffino
Market Cap
$46.83B
In 2023, AIG generated $47.25B in revenue, which was a decrease of -13.73% from the previous year. This can be seen as a signal that AIG's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 19 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Keith Walsh has been appointed CFO of American International, bringing significant financial expertise and industry knowledge to the role.
Why It Matters - Keith Walsh's appointment as CFO could signal strategic shifts and improved financial management at American International, potentially impacting stock performance and investor confidence.
Wed, 18 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - AIG has appointed Keith Walsh as Executive Vice President and Chief Financial Officer, effective October 21, 2024. He will oversee the global Finance organization and report to CEO Peter Zaffino.
Why It Matters - AIG's appointment of a new CFO signals potential strategic shifts and financial management changes, which could impact the company's performance and investor confidence.
Fri, 13 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - AIG's commercial underwriting is competing with Chubb. The company aims for a 3%+ expense ratio reduction, potentially boosting its combined ratio. Share repurchases could retire 1 in 6 shares by Dec 2025.
Why It Matters - AIG's improved underwriting and expense management could enhance profitability and shareholder value, while significant share repurchases may boost earnings per share.
Tue, 10 Sep 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - FEAM, AZUL, and AIG were added to the Zacks Rank #5 (Strong Sell) List on September 10, 2024, indicating potential concerns for investors.
Why It Matters - FEAM, AZUL, and AIG receiving a Zacks Rank #5 indicates a strong sell recommendation, signaling potential declines in stock performance and increased risk for investors.
Wed, 04 Sep 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - AIG CEO Peter Zaffino will speak at the Keefe, Bruyette & Woods Insurance Conference on September 4, 2024, at 4:20 PM ET, followed by a Q&A session.
Why It Matters - AIG's participation in a key insurance conference highlights its strategic direction and offers insights into future performance, impacting investor sentiment and stock valuation.
Fri, 06 Sep 2024
Sentiment - NEUTRAL
Source - Newsfile Corp
Summary - LBank Exchange listed AIG on August 29, 2024, with the AIG/USDT pair experiencing a 781% price surge, highlighting strong market interest in AIG.
Why It Matters - The 781% price surge of AIG following its listing on LBank signals strong market interest and potential liquidity, which could attract further investment and trading activity in the cryptocurrency space.
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