American International Group, I with ticker code (AIG) have now 14 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 86 and 60 with the average target price sitting at $70.43. Now with the previous closing price of $50.19 this now indicates there is a potential upside of 40.3%. The 50 day MA is $60.14 while the 200 day moving average is $56.44. The market capitalization for the company is $37,002m. Find out more information at: https://www.aig.com
The potential market cap would be $51,924m based on the market consensus.
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.
The company has a dividend yield of 2.55% with the ex dividend date set at 16-3-2023 (DMY).
Other points of data to note are a P/E ratio of 3.86, revenue per share of 72.56 and a 1.83% return on assets.
