American International Group (NYSE:AIG – Get Free Report) is anticipated to post its quarterly earnings results after the market closes on Tuesday, February 11th. Analysts expect American International Group to post earnings of $1.33 per share and revenue of $6.74 billion for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
American International Group Price Performance
American International Group stock opened at $74.69 on Monday. American International Group has a 52-week low of $67.96 and a 52-week high of $80.83. The company has a market cap of $46.59 billion, a price-to-earnings ratio of -22.03, a PEG ratio of 5.87 and a beta of 1.05. The firm’s fifty day moving average is $73.44 and its 200 day moving average is $74.48. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.22.
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on AIG shares. StockNews.com raised shares of American International Group from a “sell” rating to a “hold” rating in a research report on Friday, November 8th. Royal Bank of Canada reiterated an “outperform” rating and issued a $87.00 price target on shares of American International Group in a report on Wednesday, November 6th. Wells Fargo & Company boosted their price objective on American International Group from $76.00 to $77.00 and gave the company an “equal weight” rating in a report on Tuesday, January 14th. UBS Group increased their target price on American International Group from $84.00 to $88.00 and gave the stock a “buy” rating in a research note on Tuesday, October 15th. Finally, Keefe, Bruyette & Woods decreased their target price on American International Group from $88.00 to $87.00 and set an “outperform” rating for the company in a research report on Tuesday, November 12th. Nine equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, American International Group has a consensus rating of “Hold” and a consensus target price of $84.13.
American International Group Company Profile
American International Group, Inc offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, and crisis management insurance products; and professional liability insurance.
Further Reading
- Five stocks we like better than American International Group
- What is the S&P/TSX Index?
- 3 Volatility ETFs to Help You Profit from Market Chaos
- How to Invest in Small Cap Stocks
- Lam Research: Is a NAND Upgrade Cycle the Next Growth Catalyst?
- How to Plot Fibonacci Price Inflection Levels
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
Receive News & Ratings for American International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American International Group and related companies with MarketBeat.com's FREE daily email newsletter.