American International Group, I found using ticker (AIG) now have 14 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 86 and 60 with a mean TP of 71.36. Given that the stocks previous close was at 60.31 this would imply there is a potential upside of 18.3%. The day 50 moving average is 62.33 and the 200 moving average now moves to 56.62. The company has a market cap of $44,360m. Find out more information at: https://www.aig.com
The potential market cap would be $52,488m based on the market concensus.
American International Group offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through General Insurance, and Life and Retirement segments. General Insurance segment provides commercial and industrial property including business interruption, and package insurance including man-made and natural disasters; general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, and crisis management insurance products; and professional liability insurance. This segment also offers marine, energy-related property insurance, aviation, political risk, trade credit, trade finance, and portfolio solutions, as well as operates reinsurance business; voluntary and sponsor-paid personal accident, and supplemental health products; and personal auto and personal property insurance. Life and Retirement segment offers individual retirement including variable, fixed index, and fixed annuities, as well as retail mutual funds; group retirement comprising record-keeping, plan administrative and compliance services, financial planning, and advisory solutions; life insurance include term and universal life insurance; and institutional markets products, which includes wrap products, structured settlement, pension risk transfer annuities, corporate and bank-owned life insurance, high net worth, and guaranteed investment contract products. In addition, it distributes its products through a network of brokers, agents, advisors, banks, and other distributors. The company was founded in 1919 and is headquartered in New York, New York.
